Section 57 Streamlining process of making sanctions regulationsI1

United Kingdom

(1)

The Sanctions and Anti-Money Laundering Act 2018 (referred to in this Chapter as the “2018 Act”) is amended as follows.

(2)

In section 1 (power to make sanctions regulations) omit subsection (4).

(3)

Omit section 2 (additional requirements for regulations for a purpose within section 1(2)).

(4)

In section 45 (revocation and amendment of regulations under section 1)—

(a)

in subsection (2)—

(i)

omit the “and” at the end of paragraph (a);

(ii)

omit paragraph (b);

(b)

omit subsections (3) to (5);

(c)

in subsection (6) omit “, section 2”.

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