# The Lebanon and Syria (United Nations Measures) Order 2005, Article 4: Freezing funds and economic resources


(1) A person (including the designated person) must not deal with funds or economic resources owned, held or controlled by a designated person unless he does so under the authority of a licence granted under article 9.
(2) A person who contravenes the prohibition in paragraph (1) is guilty of an offence.
(3) In proceedings for an offence under this article, it is a defence for a person to show that he did not know and had no reasonable cause to suspect that he was dealing with funds or economic resources owned, held or controlled by a designated person.
(4) In this article, “to deal with” means—
(a) in respect of funds—
(i) to use, alter, move, allow access to or transfer;
(ii) to deal with in any other way that would result in any change in volume, amount, location, ownership, possession, character or destination; or
(iii) to make any other change that would enable use, including portfolio management; and
(b) in respect of economic resources, to use to obtain funds, goods or services in any way, including (but not limited to) by selling, hiring or mortgaging the resources.

---
Source: https://www.legislation.gov.uk/uksi/2005/3432/article/4 (the official version)
Page: https://openlegislation.uk/lebanon-and-syria-united-nations-measures-order-2005/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.