2001 Anti-Terrorism law used for Iceland deposits
Discussion
FTlink
sounds like this is exactly what the law was intended for....
FT said:
Lawyers said the Treasury’s unprecedented use of anti-terror powers to freeze Landsbanki’s estimated £4bn UK financial assets could create knock-on problems for other institutions with which the failed lender was doing business.
The freezing order was issued under the 2001 Anti-Terrorism, Crime and Security Act that was passed after the September 11 attacks the same year.
The freezing order was issued under the 2001 Anti-Terrorism, Crime and Security Act that was passed after the September 11 attacks the same year.
sounds like this is exactly what the law was intended for....Edited by jesusbuiltmycar on Thursday 9th October 14:37
jesusbuiltmycar][url said:
FT link|http://www.ft.com/cms/s/0/abf583de-9546-11dd-aedd-000077b07658.html[url]
sounds like this is exactly what the law was intended for....
FT said:
Lawyers said the Treasury’s unprecedented use of anti-terror powers to freeze Landsbanki’s estimated £4bn UK financial assets could create knock-on problems for other institutions with which the failed lender was doing business.
The freezing order was issued under the 2001 Anti-Terrorism, Crime and Security Act that was passed after the September 11 attacks the same year.
The freezing order was issued under the 2001 Anti-Terrorism, Crime and Security Act that was passed after the September 11 attacks the same year.
sounds like this is exactly what the law was intended for....That's more than a bit worrying!!!!
Reminds me of that stupid fat w
e Harman 'we'd only use 42 days in exceptional circumstances'Is this the first pebble that started the landslide - using 'anti terror' legislation when not connected to terrorism?
Maybe I'm being melodramatic...
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