(1) The Minister may, on application, grant a person a permit authorising:
(a) the making available of an asset to a person or entity that would otherwise contravene subregulation 10 (1); or
(b) a use of, or dealing with, a controlled asset.
Not e Section 13A of the Act applies to a permit granted by the Minister under this subregulation.
(2) An application must be for a basic expense dealing, a contractual dealing or an extraordinary expense dealing mentioned in regulation 5 of the Charter of the United Nations (Dealings with Assets) Regulations 2008 .
(3) An application must specify which kind of dealing mentioned in subregulation (2) the application is for.
(4) If the application is for a basic expense dealing, the Minister:
(a) must notify the Committee of the application; and
(b) may grant a permit only if 48 hours have passed since the notice was given, and the Committee has not advised against granting a permit to the applicant.
(5) If the application is for an extraordinary expense dealing, the Minister:
(a) must notify the Committee of the application; and
(b) may grant a permit only with the approval of the Committee.
(6) A permit is subject to any conditions specified in the permit.
Note Part 2 of the Charter of the United Nations ( Dealings with Assets ) Regulations 2008 applies to these Regulations.