To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 April 2023 to Question 176568 on Ukraine: Humanitarian Aid, whether his Department has a planned timescale for the Office of Financial Sanctions Implementation to issue a licence to allow funds from the sale of Chelsea FC to be spent on humanitarian aid in Ukraine.

In May 2022, the Government committed that the Treasury will only issue a licence which ensures that the proceeds are used exclusively for humanitarian purposes in Ukraine.

HM Treasury does not discuss specific licence applications. The Treasury considers each application on its merits and will only issue a licence where there are grounds to do so in the relevant legislation. Whilst OFSI assesses each application on its own merits, OFSI will prioritise the assessment of humanitarian cases.