SCHEDULES

SCHEDULE 3Freezing orders

Treasury’s duty to give reasons

11

A freezing order must include provision that if—

a

a person is specified in the order as a person to whom or for whose benefit funds are not to be made available, and

b

he makes a written request to the Treasury to give him the reason why he is so specified,

as soon as is practicable the Treasury must give the person the reason in writing.