text_body: --- DIVISION TITLE ---
  
  Economic Crime (Transparency and Enforcement) Bill - New Clause 29 - Asset Freezing in Respect of Individuals Considered for Sanctions
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to forbid individuals named as being considered as a subject of sanctions from selling their assets or moving funds or assets out of the UK.
  
  
  @ MP voted no not to forbid individuals named as being considered as a subject of sanctions from selling their assets or moving funds or assets out of the UK.
  
  
  The majority of MPs voted not to forbid individuals named as being considered as a subject of sanctions from selling their assets or moving funds or assets out of the UK.
  
  MPs were considering the Economic Crime (Transparency and Enforcement) Bill.[1][2][3]
  
  The proposed new clause rejected by a majority of MPs in this vote was titled: ''Asset freezing in respect of individuals considered for sanctions'' and began:
  
  :(1) The Secretary of State may by notice publish the name of a person being considered as a subject for sanctions.
  
  :(2) A person in respect of whom a notice has been published under subsection (1) is immediately subject to the provisions of this section.
  
  :(3) A person in respect of whom a notice has been published under subsection (1) is prohibited fromâ
  
  :(a) selling any assets they own or have an interest in,
  
  :(b) moving any assets they own or have an interest in out of the United Kingdom, or
  
  :(c) moving any of their funds out of the United Kingdom.
  
  :(4) âAssetsâ in subsection (3)(a) or (b) includes (but is not limited to)â
  
  :(a) land;
  
  :(b) houses, flats or other private accommodation;
  
  :(c) commercial, industrial, agricultural and other buildings, premises or property;
  
  :(d) businesses;
  
  :(e) personal possessions, works of art, jewellery or collectibles with an individual value of more than Â£500;
  
  :(f) motor vehicles;
  
  :(g) yachts or boats; and
  
  :(h) aircraft.
  
  :...
  
  The rejected new clause continued with definitions and provisions for related offences. 
  
  The rejected new clause was accompanied by the following explanatory statement from its proposer:
  
  :This new clause would prevent individuals whom the Secretary of State has named as being considered as a subject for sanctions from selling their assets or moving funds or assets out of the UK.
  
  
  --
  
  * [1] [https://bills.parliament.uk/bills/3120 Parliament's webpage on the Economic Crime (Transparency and Enforcement) Bill], Parliament.uk
  * [2] [https://publications.parliament.uk/pa/bills/cbill/58-02/0262/210262v2.pdf Economic Crime (Transparency and Enforcement) Bill, as introduced 1 March 2022], Parliament.uk
  * [3] [https://publications.parliament.uk/pa/bills/cbill/58-02/0262/en/210262env2.pdf Explanatory notes to the Economic Crime (Transparency and Enforcement) Bill, as introduced 1 March 2022], Parliament.uk
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  