PART 4Finance
CHAPTER 3Interpretation and further provision
Meaning of “designated person” in Part 4I1I232
In this Part a “designated person” means—
a
a person who is designated under regulation 5 for the purposes of—
i
regulations 13 to 17 (asset-freeze etc.), and
ii
regulations 23 (closure of representative offices) and 24 (business arrangements with designated persons), or
b
a person who is a designated person for the purposes of those regulations by reason of regulation 10.