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Paragraph 9 Prior obligationsF1

United Kingdom

To enable the satisfaction of an obligation of a designated person (whether arising under a contract, other agreement or otherwise), provided that—

(a)

the obligation arose before the date on which the person became a designated person, and

(b)

no payments are made to another designated person, whether directly or indirectly.

Annotations

Textual amendments

F1

Sch. 4 para. 9 substituted (13.5.2026) by The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (S.I. 2026/443), regs. 1(2), 34(6)(b)