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Regulation 2 Damages cap

Original text. Later amendments are not shown.

(1)

The amount specified for the purposes of section 39(2A) (court reviews: cap on damages) of the Sanctions and Anti-Money Laundering Act 2018 is £10,000.

(2)

Paragraph (1) does not apply where the court considers that it is necessary to disapply that paragraph because failure to do so would be a breach of the appropriate person’sf1 Convention rights (within the meaning of the Human Rights Act 1998f2).

Annotations

Footnotes

f1

“Appropriate person” is defined in section 38(3) of the Sanctions and Anti-Money Laundering Act 2018.

f2

1998 c. 42.