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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Schedule 2, Part 2 Pre-existing judicial decisions etc.

2. To enable, by the use of a designated person's frozen funds or economic resources, the implementation or satisfaction (in whole or in part) of a judicial, administrative or arbitral decision or lien, provided that -

(a) the funds or economic resources so used are the subject of the decision or lien,

(b) the decision or lien -

(i) was made or established before 22 May 2003, and

(ii) is enforceable in the United Kingdom, and

(c) the use of the frozen funds or economic resources does not directly or indirectly benefit any other designated person.