The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 No. 600

SCHEDULES

SCHEDULE 3 U.K. Treasury licences: purposes

[F1 PART 1 U.K. Asset-freeze etc.]

Textual Amendments

F1 Sch. 3 Pt. 1 heading inserted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(b)

[F2 Pre-existing judicial decisions etc U.K.

6.   To enable, by the use of a designated person's frozen funds or economic resources, the implementation or satisfaction (in whole or in part) of a judicial, administrative or arbitral decision or lien, provided that—

(a) the funds or economic resources so used are the subject of the decision or lien,

(b) the decision or lien—

(i) was made or established before the date on which the person became a designated person, and

(ii) is enforceable in the United Kingdom, and

(c) the use of the frozen funds or economic resources does not directly or indirectly benefit any other designated person.]

Textual Amendments

F2 Sch. 3 paras. 1-9 become Sch. 3 Pt. 1 (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(a)

Commencement Information

I1 Sch. 3 para. 6 not in force at made date, see reg. 1(2)

I2 Sch. 3 para. 6 in force at 31.12.2020 by S.I. 2019/627, reg. 12(2); 2020 c. 1, Sch. 5 para. 1(1)