Paragraph 6 Pre-existing judicial decisions etc.X1
United Kingdom
To enable, by the use of a designated person’s frozen funds or economic resources, the implementation or satisfaction (in whole or in part) of a judicial, administrative or arbitral decision or lien, provided that—
the funds or economic resources so used are the subject of the decision or lien,
the decision or lien—
was made or established before the date on which the person became a designated person, and
is enforceable in the United Kingdom, and
the use of the frozen funds or economic resources does not directly or indirectly benefit any other designated person.
Annotations
Editorial notes
- X1
This statutory instrument was made under a procedure whereby it ceases to have effect at the end of the period of 28 days beginning with the day on which it was made unless, during that period, the instrument is approved by a resolution of each House of Parliament. It was not approved by Parliament within that period and so has ceased to have effect.