Section 70(4C)

For the purposes of paragraphs (4A) and (4B), funds or economic resources are to be treated as owned, held or controlled by a designated person if they are owned, held or controlled by a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person.

← 4B · All articles · 4D →

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