Part 1Terrorist Asset-Freezing

CHAPTER 1Designated persons

Interim designations

6Treasury's power to make interim designation

1

The Treasury may make an interim designation of a person for the purposes of this Part if—

a

they reasonably suspect—

i

that the person is or has been involved in terrorist activity,

ii

that the person is owned or controlled directly or indirectly by a person within sub-paragraph (i), or

iii

that the person is acting on behalf of or at the direction of a person within sub-paragraph (i), and

b

they consider that it is necessary for purposes connected with protecting members of the public from terrorism that financial restrictions should be applied in relation to the person.

2

Subsections (2) to (4) of section 2 (Treasury's power to make final designation: definitions) apply for the purposes of this section as they apply for the purposes of that section.

3

The Treasury may not make more than one interim designation of the same person in relation to the same, or substantially the same, evidence.