Part 2Freezing Orders
Orders: procedure etc.
10 Procedure for making freezing orders
1
A power to make a freezing order is exercisable by statutory instrument.
2
A freezing order—
a
must be laid before Parliament after being made;
b
ceases to have effect at the end of the relevant period unless before the end of that period the order is approved by a resolution of each House of Parliament (but without that affecting anything done under the order or the power to make a new order).
3
The relevant period is a period of 28 days starting with the day on which the order is made.
4
In calculating the relevant period no account is to be taken of any time during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days.
5
If the Treasury propose to make a freezing order in the belief that the condition in section 4(2)(b) is satisfied, they must not make the order unless they consult the Secretary of State.