Regulatory Alerts2017-07-21
The Terrorist Asset-Freezing etc. Act 2010 (Overseas Territories) Order 2011
Her Majesty in Council issued this Order to extend Part 1 of the Terrorist Asset-Freezing etc. Act 2010 to specified British Overseas Territories. The legislation modifies the Act to empower local Governors to designate persons and freeze assets, replacing the previous framework under the Terrorism (United Nations Measures) (Overseas Territories) Order 2001. These changes ensure the Territories have robust legal mechanisms to combat terrorism financing while adapting judicial and procedural references to local jurisdictions.
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