SCHEDULES

SCHEDULE 4Treasury licences: purposes

PART 3Purposes relating only to non-UN designated persons

Prior obligationsI112

To enable, by the use of a designated person's frozen funds or economic resources, the satisfaction of an obligation of that person (whether arising under a contract, other agreement or otherwise), provided that—

a

the obligation arose before the date on which the person became a designated person, and

b

no payments are made to another designated person, whether directly or indirectly.

Annotations:
Commencement Information
I1

Sch. 4 para. 12 in force at 31.12.2020 on IP completion day, see reg. 1(3)

Humanitarian assistance activityI213

To enable anything to be done in connection with the performance of any humanitarian assistance activity.

Annotations:
Commencement Information
I2

Sch. 4 para. 13 in force at 31.12.2020 on IP completion day, see reg. 1(3)

Diplomatic missions etc.I314

To enable anything to be done in order that the functions of a diplomatic mission or consular post in Libya, or of an international organisation enjoying immunities in accordance with international law, may be carried out.

Annotations:
Commencement Information
I3

Sch. 4 para. 14 in force at 31.12.2020 on IP completion day, see reg. 1(3)

Extraordinary situationI415

To enable anything to be done to deal with an extraordinary situation.