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Property (Digital Assets etc) Bill [HL] Special Public Bill Committee

LordsOtherest. 18 Nov 2024Email ↗● Actively Monitored

This Special Public Bill Committee in the House of Lords examines the Property (Digital Assets etc) Bill, which addresses the legal status and ownership of digital assets within property law frameworks. The committee operates as a temporary body convened specifically to scrutinise this bill during its passage through the Lords, holding public sessions to take evidence from stakeholders and experts. As a Special Public Bill Committee, it combines the detailed line-by-line examination typical of standing committees with the flexibility to hear from witnesses on matters of public concern. The committee's work focuses on clarifying how digital assets integrate into existing property law, with particular attention to questions around ownership rights, inheritance, and the protection of digital property in disputes. Members examine how the bill's provisions affect individuals, financial institutions, and technology providers who deal in or hold digital assets. The committee produces reports and recommendations to inform the bill's progression through the Lords and its eventual consideration in the Commons.

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