Reading the bill’s publication files and writing a plain-English Green Book note…
Reading the bill’s publication files and writing a plain-English Green Book note…
Proposal 3766
A Bill to make provision about the types of things that are not prevented from being objects of personal property rights.
Appraisal prepared just now from the official papers. Next scheduled update after the next sitting or within about 24 hours.
Sponsor: Ministry of Justice
Open publications on bills.parliament.ukPlain-English note and Green Book five-case reading from the official papers — the heart of this page.
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In plain English
Property (Digital Assets etc) Bill [HL] A bill to Make provision about the types of things that are not prevented from being objects of personal property rights.
The papers we read for this bill do not say who would be affected if it became law.
Written evidence submitted by Chainalysis 6 • To establish a multidisciplinary panel to produce non-binding guidance on factual and legal issues relating to control of digital assets.
Same bill, simpler words — a deeper read without the jargon.
Imagine the country is making a new rule. This one is about: Property (Digital Assets etc) Bill [HL] A bill to Make provision about the types of things that are not prevented from being objects of personal property rights.. The people who would notice most are: we are still checking who that would be. If it became a real law, the everyday change would be: Written evidence submitted by Chainalysis 6 • To establish a multidisciplinary panel to produce non-binding guidance on factual and legal issues relating to control of digital assets..
Green Book 2026 · 5 Case Model
Property (Digital Assets etc) Bill [HL] A bill to Make provision about the types of things that are not prevented from being objects of personal property rights.
It is currently at Royal Assent in the Unassigned, sponsored by Ministry of Justice.
Accountability · outcome beside Green Book evidence
Property (Digital Assets etc) Act 2025 became law. The official papers we read covered most of the Green Book five cases with concrete detail. That does not prove the outcome was “right” — it means the case on paper was relatively complete for accountability scrutiny.
Strategic: Property (Digital Assets etc) Bill [HL] A bill to Make provision about the types of things that are not prevented from being objects of personal property rights.
Economic: Other key non-monetised costs by ‘main affected groups’ Respondents to the consultation identified the following potential non-monetised costs: the potential for additional court time to be spent on determining whether a specific asset fits into the new category, despite the removal of the need to determine if digital assets can be considered property; the potential for new rights to entail obligations on (and thus costs for) digital infrastructure providers, and the potential encouragement of the further use of digital assets reliant on energy-intensive systems, leading to environmental costs. Transition) (Constant Price) Total Benefit (Present Value) Low NA NA NA High NA NA NA Best Estimate NA NA NA Description and scale of key monetised benefits by ‘main affected groups’ Due to limited data it is not possible to monetise the benefits of this Bill.
Commercial: In particular, cryptography, distributed ledgers, smart contracts and associated technology have broadened the ways in which digital assets can be created, accessed, used and transferred. Common examples of things in action are debts, rights to sue for breach of contract, and shares in a company.
Financial: Gap — The papers we read for this bill do not say who would pay for it, or where the money would come from.
Management: Signed by the responsible Minister: Date: 11/09/2024 3 Summary: Analysis & Evidence Policy Option 1 Description: Legislate to introduce the provisions of the Property (Digital Assets etc) Bill FULL ECONOMIC ASSESSMENT Price Base Year NA PV Base Year NA Time Period Years NA Net Benefit (Present Value (PV)) (£m) Low: NA High: NA Best Estimate: NA COSTS (£m) Total Transition (Constant Price) Years Average Annual (excl.
This is an accountability reading, not a recommendation and not a score. It does not say whether Parliament should have passed or rejected the bill. It only sets the actual parliamentary outcome beside how complete the Green Book five-case evidence was in the official papers.
These UK Acts sit in a similar policy space and are already law. Pairing uses this proposal’s official papers (and the plain-English note themes). It is not a verdict that the proposal is redundant or unnecessary.
UK Act · Royal Assent · 2013-03-01
Prison (Property) Act 2013
Same policy area (“Justice / crime”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.
UK Act · Royal Assent · 2026-05-11
Crime and Policing Act 2026
Nearby policy wording to this bill. Matched using wording from this bill’s official papersAlready law — context only, not a verdict on whether the new bill is needed.
UK Act · Royal Assent · 2024-02-28
Economic Crime and Corporate Transparency Act 2023
Nearby policy wording to this bill. Matched using wording from this bill’s official papersAlready law — context only, not a verdict on whether the new bill is needed.
UK Act · Royal Assent · 2022-07-14
Police, Crime, Sentencing and Courts Act 2022
Nearby policy wording to this bill. Matched using wording from this bill’s official papersAlready law — context only, not a verdict on whether the new bill is needed.
UK Act · Royal Assent · 2022-03-28
Economic Crime (Transparency and Enforcement) Act 2022
Nearby policy wording to this bill. Matched using wording from this bill’s official papersAlready law — context only, not a verdict on whether the new bill is needed.