Part 8: Financial sanctions Section 153: Content of regulations under section 152
This section sets out the extent of the Treasury’s power to impose a temporary regime. It provides that such a regime may make provision for the freezing of funds and economic resources of persons subject to the regime (designated persons) and prohibitions upon making funds and economic resources available to those persons.
	Subsection (2) enables the prohibitions set out in the temporary regime to apply to those persons who are designated under the UN-mandated regime that the temporary regime is implementing.
	Subsection (3) enables the temporary regime to do so by way of ambulatory references to UN measures, so that persons added to the list after the temporary regime has been enacted will automatically be caught by the temporary regime.
	Subsection (4) provides for the Treasury to create exceptions to the prohibitions contained within the temporary regime, such as provisions for the Treasury to license the unfreezing of funds for various purposes. This will enable a proportionate approach to allow designated persons access to sufficient funds to maintain their basic needs, to access legal representation, to honour contracts and judgments made prior to their designation, and to pay extraordinary expenses.
	Subsection (5) enables the Treasury to require a designated person to supply information to the Treasury, and for the Treasury to authorise or restrict the disclosure of such information. This information would commonly include receipts for their expenditure and their bank statements, so that the Treasury can monitor compliance with the temporary regime and make proportionate licensing decisions.
	Subsections (6) and (7) provide for the temporary regime to include enforcement provisions, such as criminal offences and civil sanctions. Subsection (8) sets limits on the maximum sentences for convictions for criminal offences for breach of the temporary regime, which are aligned with the maximum sentences in section 144.