Regulation 32 Meaning of “designated person” in Part 4I1I2
United Kingdom
In this Part a “designated person” means—
(a)
a person who is designated under regulation 5 for the purposes of—
(i)
regulations 13 to 17 (asset-freeze etc.), and
(ii)
regulations 23 (closure of representative offices) and 24 (business arrangements with designated persons), or
(b)
a person who is a designated person for the purposes of those regulations by reason of regulation 10.
Annotations
Commencement
- I1
Reg. 32 not in force at made date, see reg. 1(2)
- I2
Reg. 32 in force at 31.12.2020 by S.I. 2019/627, reg. 7(2); 2020 c. 1, Sch. 5 para. 1(1)