# The North Korea (United Nations Measures) (Overseas Territories) Order 2006, Article 11: Exceptions


(1) A relevant institution is not guilty of an offence under article 9 or 10 if the institution credits a frozen account with:
(a) interest or other earnings due on the account;
(b) payments due under contracts, agreements or obligations that were concluded or arose prior to 14th October 2006; or
(c) funds received from a third party, provided that the institution informs the Governor without delay.
(2) For the avoidance of doubt, article 9 applies to any funds credited to a frozen account in accordance with this article.
(3) In this article—
“frozen account” means an account of a designated person;
“third party” means a person other than the account-holder or the relevant institution with which the account is maintained.

---
Source: https://www.legislation.gov.uk/uksi/2006/3327/article/11 (the official version)
Page: https://openlegislation.uk/north-korea-united-nations-measures-overseas-territories-order-2006/article-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.