# The Al-Qaida and Taliban (Asset-Freezing) Regulations 2010, Regulation 7: Licences


(1) The Treasury may grant a licence to disapply a prohibition in regulation 3(1) or 4(1) in relation to acts specified in the licence.
(2) A licence may be—
(a) general or granted to a category of persons or to a particular person;
(b) subject to conditions;
(c) of indefinite duration or subject to an expiry date.
(3) The Treasury may vary or revoke a licence at any time.
(4) The Treasury, where they grant, vary or revoke a licence, must—
(a) in the case of a licence granted to a particular person, give written notice of the licence, variation or revocation to that person; and
(b) in the case of a general licence or a licence granted to a category of persons, take such steps as the Treasury consider appropriate to publicise the licence, variation or revocation.
(5) A person commits an offence who, for the purpose of obtaining a licence, knowingly or recklessly—
(a) provides information that is false in a material respect; or
(b) provides or produces a document that is not what it purports to be.
(6) A person who purports to act under the authority of a licence but who fails to comply with any conditions included in the licence commits an offence.

---
Source: https://www.legislation.gov.uk/ukdsi/2010/9780111496336/regulation/7 (the official version)
Page: https://openlegislation.uk/draft-al-qaida-and-taliban-asset-freezing-regulations-2010/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.