Introductory text
This Statutory Instrument has been made in consequence of a defect in S.I. 2023/1320 and is being issued free of charge to all known recipients of that Statutory Instrument.
Sanctions
Made 20th February 2024
Laid before Parliament 22nd February 2024
Coming into force 14th March 2024
The Secretary of Statef1, in exercise of the powers conferred by sections 1(1)(a) and (3)(a), 5, 16, 17, and 54(1) of, and paragraphs 2(b), 4(b), 6(b) and 21 of Schedule 1 to, the Sanctions and Anti-Money Laundering Act 2018f2, makes the following Regulations:
Annotations
Footnotes
- f1
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The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 (c. 13) is conferred on an “appropriate Minister”. Section 1(9)(a) of that Act defines an “appropriate Minister” as including the Secretary of State.
- f2
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2018 c. 13. Section 17(5)(b)(i) (enforcement) is amended by the Sentencing Act 2020 (c. 17), Schedule 24, paragraph 443(1). Sections 1, 11, 12 and 16 are amended by the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), sections 57, 58, 59 and 65. Section 3A is inserted by the Economic Crime and Corporate Transparency Act 2023 (c. 56), section 35(3) and is in force only for the limited purpose of conferring power to make regulations.