Article 3 Amendment of the principal Order

by deleting paragraph (d) and replacing it with the following:

“(d)

cause a list of prohibited luxury goods as set out in Annex III to Council Regulation (EC) No.329/2007^f1 adopted by the Council of the European Union on 27 March 2007 to be published in the gazette of the Territory ;”

by adding new paragraphs (e) and (f) as follows:

“(e)

in the event of amendments to Annex III to Council Regulation (EC) No. 329/2007, cause a revised list of prohibited luxury goods reflecting such amendments to be published in the gazette of the Territory as necessary from time to time;

(f)

cause a notice to be published in the gazette of the Territory, stating that an opinion may be obtained from the competent authority as to whether particular goods are considered to be prohibited luxury goods. ”

by deleting the declaratory provision at the end of the article regarding amendment by the Governor of the list of prohibited luxury goods and replacing it with the following provision: “Any expression used in the published list of prohibited luxury goods shall have the same meaning as it has in Annex III to Council Regulation (EC) No.329/2007.”