Credits to a frozen account
8.—(1) The prohibitions in regulations 4 and 5 are not contravened by a person who 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 before the account became a frozen account; or
(c)payments due under judicial, administrative or arbitral decisions rendered in a Member State or enforceable in the UK.
(2) The prohibitions in regulations 4 and 5 on making funds available do not prevent a relevant institution from crediting a frozen account where it receives funds transferred to the account.
(3) A relevant institution must inform the Treasury without delay if it credits a frozen account in accordance with paragraph (1)(b), (1)(c) or (2).
(4) In this regulation, “frozen account” means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person.