# The Landsbanki Freezing Order 2008, Article 6: Licensing


(1) The Treasury may, by licence, authorise frozen funds to be made available.
(2) A licence may authorise a person to deal with frozen funds.
(3) A licence granted under this article disapplies the prohibitions in article 4 in respect of frozen funds made available or dealt with in accordance with the licence.
(4) A licence may be—
(a) of indefinite duration or subject to an expiry date;
(b) subject to conditions;
(c) granted generally or to a person or persons named or described in the licence;
(d) granted in relation to frozen funds generally or to funds of a description specified in the licence.
(5) A licence may authorise frozen funds to be made available—
(a) generally or for purposes specified in the licence;
(b) to or for the benefit of persons generally or a person or persons named or described in the licence.
(6) The Treasury may vary or revoke a licence at any time.
(7) 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.

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Source: https://www.legislation.gov.uk/uksi/2008/2668/article/6 (the official version)
Page: https://openlegislation.uk/landsbanki-freezing-order-2008/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.