About: Landsbanki Freezing Order 2008

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The Landsbanki Freezing Order 2008 (later amended) is an Order of HM Treasury to freeze the assets of Icelandic bank Landsbanki in the United Kingdom made under the Anti-terrorism, Crime and Security Act 2001, by virtue of the fact that the Treasury reasonably believed that "action to the detriment of the United Kingdom's economy (or part of it) has been or is likely to be taken by a person or persons." As required by the enabling Act, the Order was approved by both Houses of Parliament on 28 October 2008, which was 20 days after the Order had come into force.

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rdf:type	eukaryote yago:WikicatStatutoryInstrumentsOfTheUnitedKingdom yago:Artifact100021939 yago:Device103183080 yago:Instrument103574816 yago:Instrumentality103575240 yago:Object100002684 yago:PhysicalEntity100001930 yago:Whole100003553
rdfs:label	Landsbanki Freezing Order 2008 (en)
rdfs:comment	The Landsbanki Freezing Order 2008 (later amended) is an Order of HM Treasury to freeze the assets of Icelandic bank Landsbanki in the United Kingdom made under the Anti-terrorism, Crime and Security Act 2001, by virtue of the fact that the Treasury reasonably believed that "action to the detriment of the United Kingdom's economy (or part of it) has been or is likely to be taken by a person or persons." As required by the enabling Act, the Order was approved by both Houses of Parliament on 28 October 2008, which was 20 days after the Order had come into force. (en)
dcterms:subject	Statutory Instruments of the United Kingdom Iceland–United Kingdom relations Great Recession in Europe 2008 in economics 2008 in British law
Wikipage page ID	19950322 (xsd:integer)
Wikipage revision ID	1074862515 (xsd:integer)
Link from a Wikipage to another Wikipage	Statutory Instruments of the United Kingdom Anti-terrorism, Crime and Security Act 2001 Iceland–United Kingdom relations Landsbanki 2008–2011 Icelandic financial crisis Great Recession in Europe Receivership 2008 in economics HM Treasury 2008 in British law Iceland Icesave dispute
Link from a Wikipage to an external page	http://www.legislation.gov.uk/uksi/2008/2668
sameAs	Landsbanki Freezing Order 2008 Landsbanki Freezing Order 2008 Landsbanki Freezing Order 2008
si laid date	0001-10-08 (xsd:gMonthDay)
si made date	0001-10-08 (xsd:gMonthDay)
dbp:wikiPageUsesTemplate	dbt:UK-law-stub dbt:Use_British_English dbt:Use_dmy_dates dbt:Infobox_UK_legislation
amendments	S.I. 2008/2766 (en)
territorial extent	United Kingdom (en)
citation	2008 (xsd:integer)
short title	Landsbanki Freezing Order 2008 (en)
status	Current (en)
type	Statutory Instrument (en)
year	2008 (xsd:integer)
has abstract	The Landsbanki Freezing Order 2008 (later amended) is an Order of HM Treasury to freeze the assets of Icelandic bank Landsbanki in the United Kingdom made under the Anti-terrorism, Crime and Security Act 2001, by virtue of the fact that the Treasury reasonably believed that "action to the detriment of the United Kingdom's economy (or part of it) has been or is likely to be taken by a person or persons." As required by the enabling Act, the Order was approved by both Houses of Parliament on 28 October 2008, which was 20 days after the Order had come into force. The Order was made after Landsbanki was placed into receivership in Iceland. The bank offered online accounts under the trade name Icesave: some 300,000 depositors in the UK had deposits worth about £4 billion when the bank collapsed. In a memorandum to the Joint Committee on Statutory Instruments, the Treasury stated that "the primary concern was to prohibit the flow of funds held or controlled by Landsbanki's UK branch out of the UK and back to Iceland." The same document also mentioned other reasons for making the order, namely that "the emergency legislation passed in Iceland on 7th October 2008 meant that UK creditors' rights could be prejudiced compared with other creditors" and that "the Icelandic action was likely to have a particularly significant unsettling effect on consumer confidence at a time of unprecedented disturbance of the financial sector." (en)
commencement	0001-10-08 (xsd:gMonthDay)
original text	http://www.legislation.gov.uk/uksi/2008/2668
primary legislation	2001 (xsd:integer)
gold:hypernym	Order
prov:wasDerivedFrom	wikipedia-en:Landsbanki_Freezing_Order_2008?oldid=1074862515&ns=0
page length (characters) of wiki page	4333 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Landsbanki_Freezing_Order_2008
is Link from a Wikipage to another Wikipage of	2010 Icelandic loan guarantees referendum Anti-terrorism, Crime and Security Act 2001 Landsbanki 2008–2011 Icelandic financial crisis Icesave dispute Guð blessi Ísland InDefence Sýslumaðurinn sem sá álfa
is foaf:primaryTopic of	wikipedia-en:Landsbanki_Freezing_Order_2008

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