SCHEDULE 2Treasury licences: purposes
PART 2Purposes
Basic needs
2.
(1)
To enable the basic needs of a designated person, or (in the case of an individual) any dependent family member of such a person, to be met.
(2)
In the case of an individual in sub-paragraph (1), “basic needs” includes—
(a)
medical needs;
(b)
needs for—
(i)
food;
(ii)
payment of insurance premiums;
(iii)
payment of tax;
(iv)
rent or mortgage payments;
(v)
utility payments.
(3)
In the case of a person other than an individual in sub-paragraph (1), “basic needs” includes needs for—
(a)
payment of insurance premiums;
(b)
payment of reasonable fees for the provision of property management services;
(c)
payment of remuneration, allowances or pensions of employees;
(d)
payment of tax;
(e)
rent or mortgage payments;
(f)
utility payments.
(4)
In sub-paragraph (1)—
“dependent” means financially dependent;
“family member” includes—
(a)
the wife or husband of the designated person;
(b)
the civil partner of the designated person;
(c)
any parent or other ascendant of the designated person;
(d)
any child or other descendant of the designated person;
(e)
any person who is a brother or sister of the designated person, or a child or other descendant of such a person.