Paragraph 12 Judicial decisions etc.F1
To enable the implementation or satisfaction (in whole or in part) of a judicial, administrative or arbitral decision or lien which is enforceable in the United Kingdom (the “judicial decision”), provided that—
where funds or economic resources are made available to a designated person, they are credited to a frozen account or otherwise frozen by virtue of regulation 12; and
where funds or economic resources are made available by a person (including a designated person) to a designated person to enable the implementation or satisfaction of the judicial decision, no other designated person benefits, directly or indirectly.
Annotations
Textual amendments
- F1
Sch. 2 paras. 11, 12 and cross-headings inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 21(13)(d)
Notes on Part 3
Textual amendments
- F1
Sch. 2 Pt. 3 heading omitted and re-inserted above para. 7 (31.12.2020 immediately after IP completion day) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No.3) Regulations 2020 (S.I. 2020/950), regs. 1(2), 10(4)(b)(c); S.I. 2020/1514, reg. 17