This section has no associated Explanatory Memorandum
20. After article 18 of the Libya (Financial Sanctions) Order 2011 M1, insert—
“The Libya (Asset-Freezing) Regulations 2011
19. This Order does not apply to any transaction or other act which is prohibited by regulations 3 to 7 of the Libya (Asset-Freezing) Regulations 2011 M2 or which would be so prohibited if regulation 8 (credits to a frozen account) or 9 (licences) did not apply.”