A combination of human rights legislation and the failure of the Government to give the Asset Recovery Agency adequate teeth means it is costing us four times as much to run as it recovers.
What does ARA stand for?
ARA stands for Asset Recovery Agency (UK legislation)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of ARA
We have 389 other meanings of ARA in our Acronym Attic
- Application Release Automation
- Applied Research Associates, Inc.
- Arachidonic Acid
- Area Redevelopment Administration
- Argentina Austral (national currency since 1985; replaced by new Peso, 1992)
- Armada de la República Argentina (Argentine navy)
- Army Radiation Authorization
- Army Registration Authority
- Aryan Republican Army (US militia organization)
- Assessment and Reporting Arrangements (education; UK)
- Assigned Responsible Agency
- Assistant Regional Administrator
- Associate of the Royal Academy
- Associate Regional Administrator
- Associate Reinsurance Administration (LOMA designation)
- Association of Relocation Agents
- Association of Retired Americans
- Association of Roman Archaeology
- Asynchronous Ripple Adder
- Atmospheric Research & Analysis (Plano, TX)
Samples in periodicals archive:
As the Government's Asset Recovery Agency comes under fire for failing to seize more cash than it costs to run the organisation, new figures have shown that in the North-East criminals were stripped of pounds 1.
The Asset Recovery Agency raided the homes of Mr Craven and Mr Pepper last week and the head office of their company, The Craven Group, claiming they were linked to a pounds 30m alleged IRA property empire.
But from 2006 police, Customs, the Serious and Organised Crime Agency, the Asset Recovery Agency and the Crown Prosecution Service can keep half of all seized assets.
In a landmark civil case, the Asset Recovery Agency (ARA) won an interim receiving order against Michael Donnelly, from Liverpool, after alleging his wealth was acquired through a life of crime.
The Asset Recovery Agency has got the go-ahead to sell off stuff in their home towns and use the money to fight crime.
The government-funded team is an offshoot of the national Regional Asset Recovery Agency and will use the Proceeds of Crime Act to seize suspected criminals' cash and property through the civil courts.