The South Sudan (Sanctions) (EU Exit) Regulations 2019 No. 438

SCHEDULES

SCHEDULE 2 U.K. Treasury licences: purposes

PART 3 U.K. [F1 Purposes relating only to non-UN designated persons]

Textual Amendments

F1 Sch. 2 Pt. 3 heading omitted and re- inserted before para. 7 (31.12.2020 immediately after IP completion day) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No.3) Regulations 2020 (S.I. 2020/950), regs. 1(2), 4(4)(b)(c); S.I. 2020/1514, reg. 17

Prior obligations U.K.

7.  To enable, by the use of a designated person's frozen funds or economic resources, the satisfaction of an obligation of that person (whether arising under a contract, other agreement or otherwise), provided that—

(a) the obligation arose before the date on which the person became a designated person, and

(b) no payments are made to another designated person, whether directly or indirectly.

Commencement Information

I1 Sch. 2 para. 7 not in force at made date, see reg. 1(2)

I2 Sch. 2 para. 7 in force at 31.12.2020 by S.I. 2019/627, reg. 6(2); 2020 c. 1, Sch. 5 para. 1(1)