Paragraph 35

In regulation 40 (transitional provision: Treasury licences)—

(a)

in the heading, for “Treasury licences” substitute “financial sanctions licences”;

(b)

in paragraph (1)(a), for “Treasury under regulation 9 of the 2015 Regulations” substitute “Governor under article 7 of the 2015 Order”;

(c)

in paragraph (2), for “Treasury under regulation 20(1) (treasury licences)” substitute “Governor under regulation 20(1) (financial sanctions licences)”;

(d)

in paragraph (3), for “2015 Regulations” substitute “2015 Order”;

(e)

in paragraph (4), before sub-paragraph (a), insert—

“(za)

the 2015 Order,”;

(f)

in paragraph (5)(a), for “2015 Regulations” substitute “2015 Order”;

(g)

in paragraph (6), for “(treasury licences)” substitute “(financial sanctions licences)”;

(h)

in paragraph (7)—

(i)

at the appropriate place, insert—

““the 2015 Order” means the Burundi (Sanctions) (Overseas Territories) Order 2015^f1;”;

(ii)

for the definition of “the relevant date” substitute—

““the relevant date” means the date on which Part 3 comes into force.”

Annotations

Footnotes

f1: S.I. 2015/1898, amended by S.I. 2018/1076.