# The Libya (Sanctions) (Overseas Territories) Order 2021, Paragraph 22

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

In regulation 43 (finance: exceptions from prohibitions)—
(a) omit paragraph (6);
(b) in paragraph (7), for the definition of “relevant institution” substitute—
““relevant institution”, in relation to the Territory, means a person domiciled in the Territory who would satisfy the threshold conditions for permission under Part 4A of the Financial Services and Markets Act 2000 if it had its registered office (or if it does not have one, its head office) in the United Kingdom.”;
(c) omit paragraph (8).

---
Source: https://www.legislation.gov.uk/uksi/2021/37/schedule/2/paragraph/22 (the official version)
Page: https://openlegislation.uk/libya-sanctions-overseas-territories-order-2021/schedule-2/paragraph-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.