Law

Terrorist Asset-Freezing etc. Act 2010

United Kingdom · statute

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In force since 2020-12-31, as the publisher states.

Copy read on 2026-11-08. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 59 provisions
  1. Title and introductory text
  2. 1 Meaning of “designated person”
  3. 2 Treasury's power to make final designation
  4. 3 Notification of final designation
  5. 4 Duration of final designation
  6. 5 Variation or revocation of final designation
  7. 6 Treasury's power to make interim designation
  8. 7 Notification of interim designation
  9. 8 Duration of interim designation
  10. 9 Variation or revocation of interim designation
  11. 10 Confidential information
  12. 11 Freezing of funds and economic resources
  13. 12 Making funds or financial services available to designated person
  14. 13 Making funds or financial services available for benefit of designated person
  15. 14 Making economic resources available to designated person
  16. 15 Making economic resources available for benefit of designated person
  17. 16 Exceptions
  18. 17 Licences
  19. 18 Circumventing prohibitions etc.
  20. 19 Reporting obligations of relevant institutions
  21. 20 Powers to request information
  22. 21 Production of documents
  23. 22 Failure to comply with request for information
  24. 23 General power to disclose information
  25. 24 Co-operation with UK or international investigations
  26. 25 Application of provisions
  27. 26 Appeal to the court in relation to designations
  28. 27 Review of other decisions by the court
  29. 28 Appeals and reviews: supplementary
  30. 29 Initial exercise of powers to make rules of court
  31. 30 Treasury report on operation of Part 1
  32. 31 Independent review of operation of Part 1
  33. 32 Penalties
  34. 33 Extra-territorial application of offences
  35. 34 Liability of officers of body corporate etc.
  36. 35 Jurisdiction to try offences
  37. 36 Time limit for proceedings for summary offences
  38. 37 Consent to prosecution
  39. 38 Procedure for offences by unincorporated bodies
  40. 39 Meaning of “funds” and “economic resources”
  41. 40 Meaning of “financial services”
  42. 41 Meaning of “relevant institution”
  43. 42 Interpretation: general
  44. 43 Service of notices
  45. 44 Crown application
  46. 45 Consequential amendments, repeals and revocations
  47. 46 Transitional provisions and savings
  48. 47 Power to repeal Part
  49. 48 Directions to branches of credit institutions and financial institutions
  50. 49 Directions in relation to subsidiaries
  51. 50 Circumventing requirements of Schedule 7 directions
  52. 51 Northern Ireland credit unions
  53. 52 Consequential amendments and repeals
  54. 53 Extent
  55. 54 Channel Islands, Isle of Man and British overseas territories
  56. 55 Commencement
  57. 56 Short title
  58. SCHEDULE 1 Consequential amendments
  59. SCHEDULE 2 Repeals and revocations

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59 provisions

Title and introductory text

Terrorist Asset-Freezing etc. Act 2010 2010 c. 38 An Act to make provision for imposing financial restrictions on, and in relation to, certain persons believed or suspected to be, or to have been, involved in terrorist activities; to amend Schedule 7 to the Counter-Terrorism Act 2008; and for connected purposes. [16th December 2010] Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

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1 Meaning of “designated person”

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2 Treasury's power to make final designation

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3 Notification of final designation

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4 Duration of final designation

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5 Variation or revocation of final designation

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6 Treasury's power to make interim designation

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7 Notification of interim designation

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8 Duration of interim designation

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9 Variation or revocation of interim designation

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10 Confidential information

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11 Freezing of funds and economic resources

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12 Making funds or financial services available to designated person

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13 Making funds or financial services available for benefit of designated person

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14 Making economic resources available to designated person

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15 Making economic resources available for benefit of designated person

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16 Exceptions

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17 Licences

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18 Circumventing prohibitions etc.

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19 Reporting obligations of relevant institutions

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20 Powers to request information

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21 Production of documents

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22 Failure to comply with request for information

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23 General power to disclose information

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24 Co-operation with UK or international investigations

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25 Application of provisions

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26 Appeal to the court in relation to designations

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27 Review of other decisions by the court

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28 Appeals and reviews: supplementary

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29 Initial exercise of powers to make rules of court

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30 Treasury report on operation of Part 1

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31 Independent review of operation of Part 1

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32 Penalties

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33 Extra-territorial application of offences

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34 Liability of officers of body corporate etc.

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35 Jurisdiction to try offences

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36 Time limit for proceedings for summary offences

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37 Consent to prosecution

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38 Procedure for offences by unincorporated bodies

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39 Meaning of “funds” and “economic resources”

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