C1C2C3Part 1Terrorist Asset-Freezing
Pt. 1 extended (with modifications) (31.3.2011) by The Terrorist Asset-Freezing etc. Act 2010 (Overseas Territories) Order 2011 (S.I. 2011/750), arts. 1, 2, 3, Schs. 1-3 (as amended by S.I. 2013/534, reg. 1, Sch. para. 12(4))
Pt. 1 extended (Guernsey) (with modifications) (8.4.2011, with effect in accordance with art. 4 of the commencing S.I.) by The Terrorist Asset-Freezing etc. Act 2010 (Guernsey) Order 2011 (S.I. 2011/1082), arts. 1(2), 3, 4, Schs.
CHAPTER 2Prohibitions in relation to designated persons
Exceptions and licences
17Licences
1
The prohibitions in sections 11 to 15 do not apply to anything done under the authority of a licence granted by the Treasury.
2
Where relevant such a licence also constitutes authorisation under Article 6 of Council Regulation (EC) No 2580/2001 of 27 December 2001 on specific restrictive measures directed against certain persons and entities with a view to combating terrorism.
3
A licence must specify the acts authorised by it and may be—
a
general or granted to a category of persons or to a particular person;
b
subject to conditions;
c
of indefinite duration or subject to an expiry date.
4
The Treasury may vary or revoke a licence at any time.
5
On the grant, variation or revocation of a licence, the Treasury must—
a
in the case of a licence granted to a particular person, give written notice of the grant, variation or revocation to that person;
b
in the case of a general licence or a licence granted to a category of persons, take such steps as the Treasury consider appropriate to publicise the grant, variation or revocation of the licence.
6
A person commits an offence who, for the purpose of obtaining a licence, knowingly or recklessly—
a
provides information that is false in a material respect, or
b
provides or produces a document that is not what it purports to be.
7
A person who purports to act under the authority of a licence but who fails to comply with any conditions included in the licence commits an offence.
Pt. 1 extended (Isle of Man) (with modifications) (17.3.2011) by The Terrorist Asset-Freezing etc. Act 2010 (Isle of Man) Order 2011 (S.I. 2011/749), arts. 1, 2, Schs.