InterpretationU.K.
This section has no associated Explanatory Memorandum
1. In this Part of this Schedule—
“designated person” has the same meaning as it has in Chapter 1 of Part 3 (finance restrictions in relation to designated persons);
“frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 11, and any reference to a person's frozen funds or economic resources is to funds or economic resources frozen as a consequence of the designation of that person for the purpose of that regulation.
Commencement Information
I1Sch. 5 para. 1 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)