Document ID: chunk:federal_register_of_legislation:F2015C00060:reg:13a
Version: federal_register_of_legislation:F2015C00060
Segment Type: reg
Provision Reference: reg 13A
Character Range: 23448–24589

13A  Permit for assets and controlled assets—grant—permissible purposes
 (1) This regulation applies if a person has made an application under regulation 13.
 (2) The Minister may grant the permit only if:
 (a) the Minister:
 (i) is satisfied that the use or dealing is for the purpose or purposes stated in the application; and
 (ii) has consulted in advance with the Libyan government about the application; and
 (iii) has given the Committee and the Libyan government notice of the application; and
 (iv) has given the Committee notice that the controlled asset will not be made available to, or for the benefit of, a designated person; and
 (b) the Committee has not made a negative decision in relation to the application within 5 working days after the notice mentioned in subparagraph (a)(iii) is given; and
 (c) the Libyan government has not objected to the proposed use or dealing within 5 working days after the notice mentioned in subparagraph (a)(iii) is given.
 (3) The permit is subject to any conditions specified in the permit.
Note: Section 13A of the Act applies to a permit granted by the Minister under this regulation.