Regulation 20 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.

(2)

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.

F1(3)

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(4)

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(5)

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(6)

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Annotations

Textual amendments

F1: Reg. 20(3)-(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), 9(5)

Commencement

I1: Reg. 20 in force at 31.12.2020 by S.I. 2020/1514, reg. 3(2)