Paragraph 35 I1

United Kingdom

In regulation 40 (transitional provision: Treasury licences)—

(a)

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

(b)

in paragraph (1)(a)—

(i)

delete “, or deemed to be granted,”;

(ii)

for “Treasury under regulation 9 of the 2012 Regulations” substitute “Governor under article 10 of the 2013 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 “2012 Regulations” substitute “2013 Order”;

(e)

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

“(za)
the 2013 Order,”;

(f)

in paragraph (5)(a), for “2012 Regulations” substitute “2013 Order”;

(g)

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

(h)

in paragraph (7)—

(i)

at the appropriate place, insert—

““the 2013 Order” means the Guinea (Sanctions) (Overseas Territories) Order 2013^f1;”;

(ii)

for the definition of “the relevant date” substitute—

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

Annotations

Commencement

I1: Sch. 2 para. 35 in force at 31.12.2020 immediately after S.I. 2020/590 and S.I. 2020/951 come into force, see art. 1

Footnotes

f1: S.I. 2013/244, amended by S.I. 2013/472, 2018/1076.