PART 5U.K.Exceptions and licences

Treasury licencesU.K.

20.—(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 Treasury under this paragraph.

F1(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) The Treasury may issue a licence which authorises acts by a particular person only where the Treasury consider that it is appropriate to issue the licence for a purpose set out in Schedule 2.

F2(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F4(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .