OpenLegislation

The Misappropriation (Sanctions) (EU Exit) Regulations 2020 (revoked)

S.I. 2020/1468 · Made 7 December 2020 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 26 April 2021.

Exiting The European Union

Sanctions

Made 7th December 2020

Laid before Parliament 9th December 2020

Coming into force in accordance with regulation 1(2)

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Annotations to the whole text

Textual amendments

F1

Regulations revoked (26.4.2021 at noon) by The Global Anti-Corruption Sanctions Regulations 2021 (S.I. 2021/488), regs. 1(2), 38

Contents

  1. Part 1: General Repealed
  2. 1Citation and commencement Repealed
  3. 2Interpretation Repealed
  4. 3Application of prohibitions and requirements outside the United Kingdom Repealed
  5. 4Purpose Repealed
  6. Part 2: Designation of persons Repealed
  7. 5Power to designate persons Repealed
  8. 6Designation criteria Repealed
  9. 7Meaning of “owned or controlled directly or indirectly” Repealed
  10. 8Notification and publicity where designation power used Repealed
  11. 9Confidential information in certain cases where designation power used Repealed
  12. Part 3: Finance Repealed
  13. 10Meaning of “designated person” in Part 3 Repealed
  14. 11Asset-freeze in relation to designated persons Repealed
  15. 12Making funds available to designated persons Repealed
  16. 13Making funds available for benefit of designated persons Repealed
  17. 14Making economic resources available to designated persons Repealed
  18. 15Making economic resources available for benefit of designated persons Repealed
  19. 16Circumventing etc. prohibitions Repealed
  20. Part 4: Immigration Repealed
  21. 17Immigration Repealed
  22. Part 5: Exceptions and licences Repealed
  23. 18Finance: exceptions from prohibitions Repealed
  24. 19Finance: exception for authorised conduct in a relevant country Repealed
  25. 20Exception for acts done for purposes of national security or prevention of serious crime Repealed
  26. 21Treasury licences Repealed
  27. 22Finance: licensing offences Repealed
  28. 23Section 8B(1) to (3) of the Immigration Act 1971: directions Repealed
  29. Part 6: Information and records Repealed
  30. 24Finance: reporting obligations Repealed
  31. 25“Relevant firm” Repealed
  32. 26Finance: powers to request information Repealed
  33. 27Finance: production of documents Repealed
  34. 28Finance: information offences Repealed
  35. 29Disclosure of information Repealed
  36. 30Part 6: supplementary Repealed
  37. Part 7: Enforcement Repealed
  38. 31Penalties for offences Repealed
  39. 32Liability of officers of bodies corporate etc. Repealed
  40. 33Jurisdiction to try offences Repealed
  41. 34Procedure for offences by unincorporated bodies Repealed
  42. 35Time limit for proceedings for summary offences Repealed
  43. 36Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005 Repealed
  44. Part 8: Supplementary and final provision Repealed
  45. 37Notices Repealed
  46. 38Revocations Repealed
  47. 39Transitional provision: Treasury licences Repealed
  48. 40Transitional provision: prior obligations etc. Repealed
  49. Signature
  50. Schedule 1: Rules for interpretation of regulation 7(2) Repealed
  51. 1Application of Schedule Repealed
  52. 2Joint interests Repealed
  53. 3Joint arrangements Repealed
  54. 4Calculating shareholdings Repealed
  55. 5Voting rights Repealed
  56. 6Paragraph 6 Repealed
  57. 7Rights to appoint or remove members of the board Repealed
  58. 8Paragraph 8 Repealed
  59. 9Shares or rights held “indirectly” Repealed
  60. 10Shares held by nominees Repealed
  61. 11Rights treated as held by person who controls their exercise Repealed
  62. 12Paragraph 12 Repealed
  63. 13Rights exercisable only in certain circumstances etc. Repealed
  64. 14Rights attached to shares held by way of security Repealed
  65. Schedule 2: Treasury licences: purposes Repealed
  66. 1Interpretation Repealed
  67. 2Basic needs Repealed
  68. 3Legal services Repealed
  69. 4Maintenance of frozen funds and economic resources Repealed
  70. 5Extraordinary expenses Repealed
  71. 6Pre-existing judicial decisions etc. Repealed
  72. 7Diplomatic missions etc. Repealed
  73. 8Humanitarian assistance activities Repealed
  74. 9Extraordinary situation Repealed
  75. 10Prior obligations Repealed
  76. Explanatory note

1Citation and commencementF1

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2InterpretationF1

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3Application of prohibitions and requirements outside the United KingdomF1

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4PurposeF1

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5Power to designate personsF1

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6Designation criteriaF1

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7Meaning of “owned or controlled directly or indirectly”F1

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8Notification and publicity where designation power usedF1

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9Confidential information in certain cases where designation power usedF1

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10Meaning of “designated person” in Part 3F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11Asset-freeze in relation to designated personsF1

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12Making funds available to designated personsF1

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13Making funds available for benefit of designated personsF1

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14Making economic resources available to designated personsF1

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15Making economic resources available for benefit of designated personsF1

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16Circumventing etc. prohibitionsF1

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17ImmigrationF1

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18Finance: exceptions from prohibitionsF1

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19Finance: exception for authorised conduct in a relevant countryF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20Exception for acts done for purposes of national security or prevention of serious crimeF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21Treasury licencesF1

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22Finance: licensing offencesF1

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23Section 8B(1) to (3) of the Immigration Act 1971: directionsF1

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24Finance: reporting obligationsF1

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25“Relevant firm”F1

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26Finance: powers to request informationF1

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27Finance: production of documentsF1

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28Finance: information offencesF1

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29Disclosure of informationF1

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30Part 6: supplementaryF1

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31Penalties for offencesF1

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32Liability of officers of bodies corporate etc.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

33Jurisdiction to try offencesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

34Procedure for offences by unincorporated bodiesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

35Time limit for proceedings for summary offencesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005F1

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37NoticesF1

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38RevocationsF1

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39Transitional provision: Treasury licencesF1

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40Transitional provision: prior obligations etc.F1

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Signature

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1Application of ScheduleF1

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2Joint interestsF1

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3Joint arrangementsF1

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4Calculating shareholdingsF1

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5Voting rightsF1

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6F1

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7Rights to appoint or remove members of the boardF1

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8F1

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9Shares or rights held “indirectly”F1

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10Shares held by nomineesF1

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11Rights treated as held by person who controls their exerciseF1

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12F1

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13Rights exercisable only in certain circumstances etc.F1

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14Rights attached to shares held by way of securityF1

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1InterpretationF1

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2Basic needsF1

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3Legal servicesF1

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4Maintenance of frozen funds and economic resourcesF1

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5Extraordinary expensesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6Pre-existing judicial decisions etc.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7Diplomatic missions etc.F1

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8Humanitarian assistance activitiesF1

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9Extraordinary situationF1

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10Prior obligationsF1

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Explanatory note

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .