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SCHEDULES

SCHEDULE 2U.K.Treasury licences: purposes

PART 1 U.K.Interpretation

1.  In this Schedule—U.K.

designated person” means a person designated for the purposes of regulations 9 to 13 (asset-freeze etc. in relation to persons connected with the former Iraqi regime) under regulation 5(2); for the purposes of Part 2 only, “designated person” also includes a person who is designated for the purposes of regulation 8 (partial asset-freeze in relation to the former Government of Iraq and its state bodies, corporations or agencies) by reason of regulation 5(1);

frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 8 or 9, 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.

Commencement Information

I1Sch. 2 para. 1 not in force at made date, see reg. 1(2)

I2Sch. 2 para. 1 in force at 31.12.2020 by S.I. 2020/1514, reg. 14(2)