Section 62(1)

In this Act— “appropriate Minister” is to be read in accordance with section 1(9); “country” includes any territory, region or other place; “designation power” has the meaning given by section 10(1); “economic resources” has the meaning given by section 60(2); “financial products” has the meaning given by section 61(3); “financial services” has the meaning given by section 61(1); “freeze”, in relation to funds or economic resources, has the meaning given by section 60(3) and (4); “funds” has the meaning given by section 60(1); “international obligation” has the meaning given by section 1(8); “person” has the meaning given by section 9(5); “prescribed”, in any provision relating to regulations, means prescribed by the regulations; ... ... “the Security Council” means the Security Council of the United Nations; “the territorial sea” (without more) means the territorial sea adjacent to the United Kingdom; “terrorism” has the same meaning as in the Terrorism Act 2000 (see section 1(1) to (4) of that Act); “UN obligation” has the meaning given by section 1(8); “UN Security Council Resolution” has the meaning given by section 1(8).

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Source: legislation.gov.uk · retrieved 2026-08-30