Regulation 21 Treasury licencesI1

United Kingdom

(1)

The prohibitions in regulations 11 to 15 (asset-freeze etc) do not apply to anything done under the authority of a licence issued by the Treasury under this paragraph.

F1(2)

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(3)

The Treasury may issue a licence which authorises acts by a particular person only where the Treasury consider that it is appropriate to issue the licence for a purpose set out in Schedule 2.

F2(4)

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F3(5)

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F4(6)

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Annotations

Textual amendments

F1: Reg. 21(2) omitted (16.5.2024) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024 (S.I. 2024/643), regs. 1(2), 15(5)
F2: Reg. 21(4) omitted (16.5.2024) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024 (S.I. 2024/643), regs. 1(2), 15(5)
F3: Reg. 21(5) omitted (16.5.2024) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024 (S.I. 2024/643), regs. 1(2), 15(5)
F4: Reg. 21(6) omitted (16.5.2024) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024 (S.I. 2024/643), regs. 1(2), 15(5)

Commencement

I1: Reg. 21 in force at 26.4.2021 at noon, see reg. 1(2)