{
  "url": "https://openlegislation.uk/iraq-united-nations-sanctions-overseas-territories-order-2000/article-2",
  "json_url": "https://openlegislation.uk/iraq-united-nations-sanctions-overseas-territories-order-2000/article-2.json",
  "legislation": "uksi/2000/3242",
  "legislation_title": "The Iraq (United Nations Sanctions) (Overseas Territories) Order 2000",
  "legislation_url": "https://openlegislation.uk/iraq-united-nations-sanctions-overseas-territories-order-2000",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Order—\n“document” includes information recorded in any form, and in relation to information recorded otherwise than in legible form, references to its production include references to producing a copy of the information in legible form;\n“funds” means financial assets and economic benefits of any kind, including (but not limited to) gold coin, gold bullion, cash, cheques, claims on money, drafts, money orders and other payment instruments; deposits with financial institutions or other entities, balances on accounts, debts and debt obligations; securities and debt instruments (including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures, debenture stock and derivatives contracts); interest, dividends or other income on or value accruing from or generated by assets; credit, rights of set-off, guarantees, performance bonds or other financial commitments; letters of credit, bills of lading, bills of sale; documents evidencing an interest in funds or financial resources, and any other instrument of export financing;\n“Governor” means the Governor or other officer administering the Government of the Territory;\n“relevant institution” means—\n(a) the person or body responsible for carrying out in the Territory the functions of a monetary authority;\n(b) any person who may lawfully accept deposits in or from within the Territory in the course of carrying on a deposit-taking business, and for this purpose “deposit” has the meaning given to that term in section 5 of the Banking Act 1987 and “deposit-taking business” has the meaning given to that term in section 6 of that Act;\n(c) a European authorised institution within the meaning of the Banking Coordination (Second Council Directive) Regulations 1992 which has lawfully established a branch in Gibraltar for the purpose of accepting deposits or other repayable funds from the public; and\n(d) any society established lawfully in the Territory whose principal purpose is the making of loans secured on residential property where such loans are funded substantially by its members.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1987 c. 22."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 1992/3218, amended by S.I.s 1993/3225, 1995/1442, 1996/1669 and 1999/2094 and Chapter II of Part I of Schedule 5 to the Bank of England Act 1998 (c. 11)."
    }
  ],
  "outstanding_effects": [
    {
      "type": "art. 2 renumbered as art. 2(1)",
      "affecting": "uksi/2001/3649",
      "affecting_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2001/3649",
      "affecting_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2001/3649",
      "affecting_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2001/3649",
      "affecting_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001"
    },
    {
      "type": "am (prosp)",
      "affecting": "uksi/2003/1516",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) Order 2003"
    },
    {
      "type": "added (prosp)",
      "affecting": "uksi/2003/1516",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) Order 2003"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words deleted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "word deleted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2004/2671",
      "affecting_title": "The Iraq (United Nations Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2004"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2000/3242/article/2",
    "retrieved_at": "2026-10-29T08:09:13.377526+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}