Treasury licences: purposes14
In Schedule 5 (Treasury licences: purposes)—
a
at the beginning insert a new Part A1—
PART A1Interpretation
Interpretation of Schedule 5A1
In this Schedule—
“consular post” has the same meaning as in the Vienna Convention on Consular Relations done at Vienna on 24 April 19639, and any reference to the functions of a consular post is to be read in accordance with that Convention;
“diplomatic mission” and any reference to the functions of a diplomatic mission are to be read in accordance with the Vienna Convention on Diplomatic Relations done at Vienna on 18 April 196110;
“humanitarian assistance activity” includes the work of international and non-governmental organisations carrying out relief activities for the benefit of the civilian population of a country;
“medical goods” includes medicines and medical devices;
“spaceflight activity” has the meaning given in section 1(6) of the Space Industry Act 201811.
b
in the heading of paragraph 1, after “Interpretation” insert “of Part 1”
;
c
in paragraph 1, in the definition of “designated person”, for “Finance restrictions in relation to designated persons” substitute “Asset-freeze etc.”
;
d
in paragraph 9, omit sub-paragraph (2);
e
after paragraph 9 insert—
Humanitarian assistance activity9A
To enable anything to be done in connection with the performance of any humanitarian assistance activity.
Medical goods or services9B
1
To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.
2
To enable the import, export or use of medical goods.
Food9C
To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.
Diplomatic missions etc.9D
1
To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia or of an international organisation enjoying immunities in accordance with international law may be carried out.
2
To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.
PART 1ALoans and credit arrangements
Humanitarian assistance activity9E
To enable anything to be done in connection with the performance of any humanitarian assistance activity.
Medical goods or services9F
1
To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.
2
To enable the import, export or use of medical goods.
Food9G
To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.
Diplomatic missions etc.9H
1
To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia, or of an international organisation enjoying immunities in accordance with international law may be carried out.
2
To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.
Space9I
To enable anything to be done in order for a United Kingdom person to undertake spaceflight activity.
Extraordinary situation9J
To enable anything to be done to deal with an extraordinary situation.
PART 1BCorrespondent banking relationships etc.
Interpretation of Part 1B9K
In this Part, “designated person” has the meaning given in regulation 17A.
Basic needs9L
1
To enable the basic needs of a designated person, or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person, to be met.
2
In the case of a person other than an individual, in sub-paragraph (1) “basic needs” includes needs for—
a
payment of insurance premiums;
b
payment of reasonable fees for the provision of property management services;
c
payment of reasonable fees for the provision of insolvency services;
d
payment of remuneration, allowances or pensions of employees;
e
payment of tax;
f
rent or mortgage payments;
g
utility payments.
Legal services9M
To enable the payment of—
a
reasonable professional fees for the provision of legal services to the designated person or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person, or
b
reasonable expenses associated with the provision of legal services to the designated person (or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person.
Financial regulation9N
1
To enable anything to be done by, or on behalf of, a relevant financial authority for the purposes of the functions of that authority.
2
In sub-paragraph (1), “relevant financial authority” means authorities involved in the regulation of financial services in the United Kingdom, including the Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England.
Extraordinary situation9O
To enable anything to be done to deal with an extraordinary situation.
PART 1CSterling payments
Humanitarian assistance activity9P
1
To enable anything to be done in connection with the performance of any humanitarian assistance activity.
Medical goods or services9Q
1
To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.
2
To enable the import, export or use of medical goods.
Food9R
To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.
Diplomatic missions etc.9S
1
To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia, or of an international organisation enjoying immunities in accordance with international law may be carried out.
2
To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.
Space9T
To enable anything to be done in order for a United Kingdom person to undertake spaceflight activity.
f
in paragraph 10, omit sub-paragraph (2).