Regulation 3 Amendments to the Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019

The Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019^f1 are amended in accordance with this regulation.

In regulation 31 (Treasury licences) omit paragraphs (2) to (5).

After regulation 31A (director disqualification licences)^f2 insert—

“Licences: general provisions

31B

(1)

This regulation applies in relation to Treasury licences and director disqualification licences.

(2)

A licence must specify the acts authorised by it.

(3)

A licence may be general or may authorise acts by a particular person or persons of a particular description.

(4)

A licence may—

(a)

contain conditions;

(b)

be of indefinite duration or a defined duration.

(5)

A person who issues a licence may vary, revoke or suspend it at any time.

(6)

A person who issues, varies, revokes or suspends a licence which authorises acts by a particular person must give written notice to that person of the issue, variation, revocation or suspension of the licence.

(7)

A person who issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description must take such steps as that person considers appropriate to publicise the issue, variation, revocation or suspension of the licence.”.