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[X1SCHEDULES

SCHEDULE 2U.K.Treasury licences: purposes

InterpretationU.K.

1.  In this Schedule—

designated person” has the same meaning as it has in Part 3 (Finance);

frozen funds or economic resources” means funds or economic resources frozen by virtue of regulation 11, and any reference to a person’s frozen funds or economic resources is to funds or economic resources frozen as a consequence of the designation of that person for the purpose of that regulation.]