# The Iran (Sanctions) (Nuclear) (Overseas Territories) Order 2020, Paragraph 58

Extent: E+W+S+N.I.

In regulation 75 (transitional provision: Treasury licences)—
(a) in the heading, for “Treasury licences” substitute “financial sanctions licences”;
(b) in paragraph (1)(a), for “, or deemed to be granted, by the Treasury under regulation 9 of the 2016 Regulations” substitute “by the Governor under article 7 of the 2016 Order”;
(c) in paragraph (2), for “Treasury under regulation 40(1) (Treasury licences)” substitute “Governor under regulation 40(1) (financial sanctions licences)”;
(d) in paragraph (3), for “2016 Regulations” substitute “2016 Order”;
(e) in paragraph (4), before sub-paragraph (a), insert—
“(za) the 2016 Order,”;
(f) in paragraph (5)(a), for “2016 Regulations” substitute “2016 Order”;
(g) in paragraph (6), omit “(Treasury licences)”;
(h) in paragraph (7), for “paragraphs (3) and (4)” substitute “paragraph (4)”;
(i) in paragraph (8)—
(i) at the appropriate place, insert—
““the 2016 Order” means the Iran (Sanctions) (Overseas Territories) Order 2016 ;”;
(ii) for the definition of “the relevant date” substitute—
““the relevant date” means the date on which Part 3 comes into force.”

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Source: https://www.legislation.gov.uk/uksi/2020/1563/schedule/2/paragraph/58 (the official version)
Page: https://openlegislation.uk/iran-sanctions-nuclear-overseas-territories-order-2020/schedule-2/paragraph-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.