The Angola (United Nations Sanctions) (Channel Islands) Order 1998

Assets of UNITA or persons connected with UNITA

8.—(1) Except with permission granted under this article—

(a)in the case of the Bailiwick of Guernsey, by the Lieutenant Governor;

(b)in the case of the Bailiwick of Jersey, by the Finance and Economics Committee,

no person shall—

(i)make any payment, or part with any gold, securities or investments; or

(ii)make any change in the persons to whose credit any sum is to stand or to whose order any gold, securities or investments are to be held,

where any such action is action to which this article applies.

(2) This article applies to any action which is likely to make available to or for the benefit of UNITA or any person connected with UNITA any funds or any other financial assets or resources, whether by their removal from the Bailiwick of Guernsey or, as the case may be, the Bailiwick of Jersey or otherwise, or otherwise to result in the remittance or transfer of funds or other such assets or resources to or for the benefit of UNITA or any person connected with UNITA.

(3) Any permission granted by or on behalf of the relevant authority under this article may be granted either absolutely or subject to conditions and may be varied or revoked at any time by or on behalf of the relevant authority.

(4) In this article—

(a)“gold”, “payment” and “securities” shall have the meanings they bear in section 2 of the Emergency Laws (Re-enactments and Repeals) Act 1964(1);

(b)“investment” means any asset, right or interest falling within any paragraph of Part I of Schedule 1 to the Financial Services Act 1986(2) and which is not a security;

(c)“person connected with UNITA” means any of the following persons—

(i)any senior official of UNITA;

(ii)any adult member of the immediate family of any senior official of UNITA; or

(iii)any person acting on behalf of a person described in paragraph (i) or (ii) above;

(d)“UNITA” means the Uniao Nacional para a Indepencia Total de Angola.