9. 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.
Commencement Information
I1Sch. 2 para. 9 not in force at made date, see reg. 1(2)
I2Sch. 2 para. 9 in force at 31.12.2020 by S.I. 2020/1514, reg. 6(2)