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PART 8U.K.Exceptions and licences

Treasury licencesU.K.

60.—(1) The prohibitions in regulations 15 to 19 (asset-freeze etc.) do not apply to anything done under the authority of a licence issued by the Treasury under this paragraph.

(2) The Treasury may issue a licence which authorises acts by a particular person only where the Treasury consider that it is appropriate to issue the licence for a purpose set out in Schedule 5.

Commencement Information

I1Reg. 60 in force at 14.12.2023, see reg. 1(2)