Paragraph 6B Pre-existing judicial decisions etc.F1

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—

(a)

the funds or economic resources so used are the subject of the decision or lien,

(b)

the decision or lien—

(i)

was made or established before the date on which the person became a designated person, and

(ii)

is enforceable in the United Kingdom, and

(c)

the use of the frozen funds or economic resources does not directly or indirectly benefit any other designated person.

Annotations

Textual amendments

F1: Sch. 2 para. 6B and cross-heading inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 21(13)(c)

Notes on Part 2A

Textual amendments

F1: Sch. 2 Pt. 2A inserted (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)(a); S.I. 2020/1514, reg. 17