# The Iran (European Community Financial Sanctions) Regulations 2007, Regulation 4: Treasury’s power to designate persons

Extent: E+W+S+N.I.

(1) Where any condition in paragraph (2) is satisfied, the Treasury may give a direction that a person identified in the direction is designated for the purposes of these Regulations.
(2) The conditions are that the Treasury have reasonable grounds for suspecting that the person is or may be—
(a) a person listed in Annex V of the EC Regulation;
(b) a person acting on behalf of or at the direction of a designated person; or
(c) a person owned or controlled by a designated person.
(3) The Treasury may vary or revoke a direction at any time.

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Source: https://www.legislation.gov.uk/uksi/2007/1374/regulation/4 (the official version)
Page: https://openlegislation.uk/iran-european-community-financial-sanctions-regulations-2007/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.