Landsbanki Freezing Order 2008

The Landsbanki Freezing Order 2008 (SI 2018/2668) (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.

Source: Wikipedia — Landsbanki Freezing Order 2008 (CC BY-SA 4.0)