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UK asset seizure law

09:54 PM +1000, Feb 24 2003

Another asset seizure law, this time from the UK. The approach is novel: rather than prove guilt, just prove that they couldn't have obtained their wealth legally, and seize their assets.

The Assets Recovery Agency (ARA) will be able to confiscate money, houses, cars and anything else owned by major gangsters, even if they have not been convicted of offences.

It will also be used to seize the earnings of paramilitary groups.

If the ARA can convince a court that someone is enjoying a lifestyle which they cannot possibly have earned legally, a judge can order their possessions to be confiscated and sold.

[...]

But its ability to target the assets of those who have not been convicted of a crime overturns the traditional 'innocent until proven guilty' test and has worried civil liberties campaigners.

If all else fails it can insist that dubious wealth is taxed.

- BBC, Agency to target gangsters' wealth.