OpenLegislation

Paragraph 1 InterpretationF1I1I2

United Kingdom

(F21)

In this F3Part—

  • F4...

  • “designated person” has the same meaning as it has in Part 3 (Finance);

  • ...

  • F5“frozen account” has the meaning given in regulation 30(7);

  • “frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 11 F6....

(F72)

For the purposes of this Schedule, references to a designated person are to be read as including a person (“C”) who is owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person (“P”).

(3)

When determining for the purposes of paragraph 9 when C became a designated person, C is to be treated as having become a designated person at the same time as P.

Annotations

Textual amendments

F1

Sch. 3 paras. 1-9 become Sch. 3 Pt. 1 (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(a)

F2

Sch. 3 para. 1 renumbered as Sch. 3 para. 1(1) (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 11(12)(a)(i)

F3

Word in Sch. 3 para. 1 substituted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(c)(i)

F4

Words in Sch. 3 para. 1 omitted (14.10.2021 at noon) by virtue of The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(c)(ii)

F5

Words in Sch. 3 para. 1(1) inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 11(12)(a)(ii)

F6

Words in Sch. 3 para. 1(1) omitted (13.5.2026) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (S.I. 2026/443), regs. 1(2), 11(6)(a)

F7

Sch. 3 para. 1(2)(3) inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 11(12)(a)(iii)

Commencement

I1

Sch. 3 para. 1 not in force at made date, see reg. 1(2)

I2

Sch. 3 para. 1 in force at 31.12.2020 by S.I. 2019/627, reg. 12(2); 2020 c. 1, Sch. 5 para. 1(1)

Notes on Part 1

Textual amendments

F1

Sch. 3 Pt. 1 heading inserted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 38(b)