# The Russia (Sanctions) (EU Exit) Regulations 2019, Paragraph 1: Interpretation of Part 1

Extent: E+W+S+N.I.

(1) In this Part of this Schedule—
“designated person” has the same meaning as it has in Chapter 1 of Part 3 (Asset-freeze etc.);
“frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 11 ....
(2) For the purposes of this Part 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 8 when C became a designated person, C is to be treated as having become a designated person at the same time as P.

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Source: https://www.legislation.gov.uk/uksi/2019/855/schedule/5/paragraph/1 (the official version)
Page: https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/schedule-5/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.