2001 Anti-Terrorism law used for Iceland deposits
2001 Anti-Terrorism law used for Iceland deposits
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jesusbuiltmycar

Original Poster:

5,135 posts

284 months

Thursday 9th October 2008
quotequote all
FTlink

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.
yikes sounds like this is exactly what the law was intended for....




Edited by jesusbuiltmycar on Thursday 9th October 14:37

Caruso

7,558 posts

286 months

Thursday 9th October 2008
quotequote all
What next, using anti terror laws for non payment of council tax?

shalmaneser

6,453 posts

225 months

Thursday 9th October 2008
quotequote all
jesusbuiltmycar][url said:
FT link|http://www.ft.com/cms/s/0/abf583de-9546-11dd-aedd-000077b07658.html[url]

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.
yikes sounds like this is exactly what the law was intended for....
yikes

That's more than a bit worrying!!!!

Reminds me of that stupid fat we 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...

humpbackmaniac

1,899 posts

271 months

Thursday 9th October 2008
quotequote all
Can we invade Iceland then? Do they have WMD's? They do have some nice PH type, drive up walls jeeps they race in Quarry's must be justification for an invasion.

Einion Yrth

19,575 posts

274 months

Thursday 9th October 2008
quotequote all
shalmaneser said:
Is this the first pebble that started the landslide - using 'anti terror' legislation when not connected to terrorism?
No, that was the poor old bloke arrested for heckling at the Labour Party conference.