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The Iran (Sanctions) (Human Rights) (Overseas Territories) Order 2020
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- UK Statutory Instruments
- 2020 No. 1598
- SCHEDULE 2
- Paragraph 19
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19. For regulation 35 (Treasury licences), substitute—
“Financial sanctions licences
35.—(1) The prohibitions in regulations 11 to 15 (asset-freeze etc.) do not apply to anything done under the authority of a licence issued by the Governor under this paragraph.
(2) The Governor may issue a financial sanctions licence only with the consent of the Secretary of State.
(3) The Governor may issue a financial sanctions licence which authorises acts by a particular person only where the Governor considers that it is appropriate to issue the licence for a purpose set out in Schedule 4.”
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