# The Al-Qaida (Asset-Freezing) Regulations 2011, Regulation 7: Making economic resources available for the benefit of a designated person


(1) A person (“P”) must not make economic resources available to any person for the benefit of a designated person if P knows, or has reasonable cause to suspect, that P is making the economic resources so available.
(2) For the purposes of this regulation—
(a) economic resources are made available for the benefit of a designated person only if that person thereby obtains, or is able to obtain, a significant financial benefit, and
(b) “financial benefit” includes the discharge of a financial obligation for which the designated person is wholly or partly responsible.
(3) Paragraph (1) is subject to regulation 9.

---
Source: https://www.legislation.gov.uk/ukdsi/2011/9780111516041/regulation/7 (the official version)
Page: https://openlegislation.uk/draft-al-qaida-asset-freezing-regulations-2011/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.