Part 2

Freezing Orders

Orders

Contents of order
5
1
A freezing order is an order which prohibits persons from making funds available to or for the benefit of a person or persons specified in the order.
2
The order must provide that these are the persons who are prohibited—
a
all persons in the United Kingdom, and
b
all persons elsewhere who are nationals of the United Kingdom or are bodies incorporated under the law of any part of the United Kingdom or are Scottish partnerships.
3
The order may specify the following (and only the following) as the person or persons to whom or for whose benefit funds are not to be made available—
a
the person or persons reasonably believed by the Treasury to have taken or to be likely to take the action referred to in section 4;
b
any person the Treasury reasonably believe has provided or is likely to provide assistance (directly or indirectly) to that person or any of those persons.
4
A person may be specified under subsection (3) by—
a
being named in the order, or
b
falling within a description of persons set out in the order.
5
The description must be such that a reasonable person would know whether he fell within it.
6
Funds are financial assets and economic benefits of any kind.