SCHEDULES

SCHEDULE 2Treasury licences: purposes

PART 1Interpretation

I1I21

In this Schedule—

  • designated person” has the same meaning as it has in Part 3 (Finance);

  • frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 12, and any reference to a person's frozen funds or economic resources is to funds or economic resources frozen as a consequence of the designation of that person for the purpose of that regulation.