To ask the Chancellor of the Exchequer on how many occasions since November 2008 his Department has exercised its powers under Schedule 7 of the Counter Terrorism Act 2008 in respect of Iran; and if he will make a statement. (270652)

In its advisory notice of 11 March 2009 HM Treasury made clear that in the light of the call by the Financial Action Task Force for countermeasures against Iran, the UK is considering what further action is required.

No directions with respect to Iran have been issued under Schedule 7 of the Counter Terrorism Act 2008.