Question to the HM Treasury:
To ask Her Majesty's Government what is the total amount of tax collected from frozen Libyan assets held in the UK since the UN Security Council Resolution 1973 (2011) S/RES/1973(2011).
Identifying tax receipts on frozen assets is complex, requiring entities on the sanctions list to be validated and matched against HMRC’s tax records. HMRC will do this as quickly as they can. The Treasury shall write to the Noble Lord shortly and place a copy of the letter in the Library of both Houses.