The Andrey Lugovoy and Dmitri Kovtun Freezing Order 2016

Freezing prohibitions

4.—(1) The provisions of this article apply in relation to the following funds (“frozen funds”)—

(a) funds owned, held or controlled by Andrey Lugovoy; and

(b) funds owned, held or controlled by Dmitri Kovtun.

(2) A person must not make frozen funds available to or for the benefit of a specified person.

(3) A person must not make frozen funds available at the direction or instruction of a specified person.

(4) A person must not deal with frozen funds.

(5) For the purposes of this article, making funds available to or for the benefit of a specified person includes—

(a) allowing him to withdraw from an account;

(b) honouring a cheque payable to him;

(c) crediting his account with interest;

(d) releasing documents of title (such as share certificates) held on his behalf;

(e) making available the proceeds of realisation of his property; and

(f) making a payment to or for his benefit.

(6) In this article “deal with” means—

(a) use, alter, move, allow access to or transfer;

(b) deal with in any other way that would result in any change in volume, amount, location, ownership, possession, character or destination; or

(c) make any other change that would enable use, including portfolio management.