Article 3 Amendment of the principal Order

In Article 2 of the principal Order there shall be inserted alphabetically the following definitions—

• ““designated person” means Charles Taylor, Jewell Howard Taylor, Charles Taylor, Jr. or any other person or entity designated by the Committee, established pursuant to resolution 1521 adopted by the Security Council of the United Nations on 22nd December 2003, for the purposes of resolution 1532 adopted by the Security Council on 12th March 2004;”

• ““funds, other financial assets or economic resources” means assets of every kind, whether tangible or intangible, movable or immovable, however acquired, and legal documents or instruments in any form, including electronic or digital, evidencing title to, or interest in, such assets, including, but not limited to, bank credits, travellers' cheques, bank cheques, money orders, shares, securities, bonds, drafts and letters of credit;”

• ““relevant institution” means—

  1. (a)

     the person or body responsible for carrying out in the Territory the functions of a monetary authority;

  2. (b)

     any person who may lawfully accept deposits in or from within the Territory by way of business; and

  3. (c)

     any society established lawfully in the Territory whose principal purpose is the making of loans secured on residential property where such loans are funded substantially by its members;”

• and Article 2 shall be renumbered Article 2(1).