Carries out belongings (7)

I believe the answer is:

effects

I believe this is a double definition.

'carries out' is the first definition.
('effect' can be a synonym of 'carry out')

'belongings' is the second definition.
(thesaurus)

(Other definitions for effects that I've seen before include "Total possessions" , "They always have causes" , "Consequences or possessions" , "one's luggage" , "Personal belongings" .)

I've seen this clue in The Telegraph and The Everyman puzzle in The Observer.

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