SCHEDULES

SCHEDULE 5U.K.Treasury licences: purposes

[F1PART 1BU.K.Correspondent banking relationships [F2and processing payments]

Legal servicesU.K.

9M.  To enable the payment of—

(a)reasonable professional fees for the provision of legal services to the designated person or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person, or

(b)reasonable expenses associated with the provision of legal services to the designated person (or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person.]