# The Libya (Sanctions) (EU Exit) Regulations 2020, Regulation 56A: Finance: reporting obligations for required payments


(1) A non-UN designated person must inform the Treasury without delay if they make a required payment.
(2) A person who makes a required payment on behalf of a non-UN designated person must inform the Treasury without delay that they have made the required payment.
(3) A person must inform the Treasury without delay if they receive a reimbursement payment.
(4) For the purposes of this regulation, references to a non-UN designated person are to be read as including a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by the non-UN designated person.
(5) In this regulation—
“reimbursement payment” has the meaning given in regulation 43ZA(8) (finance: exception from prohibitions for required payments);
“required payment” has the meaning given in regulation 43ZA(2).

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Source: https://www.legislation.gov.uk/uksi/2020/1665/regulation/56A (the official version)
Page: https://openlegislation.uk/libya-sanctions-eu-exit-regulations-2020/regulation-56A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.