# The Andrey Lugovoy and Dmitri Kovtun Freezing Order 2020, Article 2: Interpretation

Extent: E+W+S+N.I.

(1) In this Order—
“the 2000 Act” means the Financial Services and Markets Act 2000 ;
“body corporate” includes a Scottish partnership and “a body incorporated under the law of any part of the United Kingdom” is to be interpreted accordingly;
“frozen funds” has the meaning in article 4(1);
“funds” means financial assets and economic benefits of any kind, including (but not limited to)—
(a)gold, cash, cheques, claims on money, drafts, money orders and other payment instruments;
(b)deposits with relevant institutions or other persons, balances on accounts, debts and debt obligations;
(c)publicly and privately traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures and derivative products;
(d)interest, dividends or other income on or value accruing from or generated by assets;
(e)credit, rights of set-off, guarantees, performance bonds or other financial commitments;
(f)letters of credit, bills of lading, bills of sale; and
(g)documents providing evidence of an interest in funds or financial resources.
(2) In this Order “relevant institution” means—
(a) a person who has permission under Part 4A of the 2000 Act (permission to carry on regulated activities); ...
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The definition of “relevant institution” in paragraph (2) must be read with—
(a) section 22 of the 2000 Act (regulated activities),
(b) any relevant order under that section , and
(c) Schedule 2 to the 2000 Act (regulated activities).

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Source: https://www.legislation.gov.uk/uksi/2020/36/article/2 (the official version)
Page: https://openlegislation.uk/andrey-lugovoy-and-dmitri-kovtun-freezing-order-2020/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.