{
  "url": "https://openlegislation.uk/republic-of-belarus-sanctions-eu-exit-amendment-regulations-2022/regulation-12",
  "json_url": "https://openlegislation.uk/republic-of-belarus-sanctions-eu-exit-amendment-regulations-2022/regulation-12.json",
  "legislation": "uksi/2022/748",
  "legislation_title": "The Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2022",
  "legislation_url": "https://openlegislation.uk/republic-of-belarus-sanctions-eu-exit-amendment-regulations-2022",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "Loans and credit arrangements",
  "text": "In regulation 15B (loans and credit arrangements), for paragraph (5) substitute—\n“(5) In this regulation—\n“category A loan” means a loan or credit which—\n(a) has a maturity exceeding 90 days,\n(b) is made or granted to a relevant person, and\n(c) is first made or granted—\n(aa) after the date on which the Amendment Regulations 2021 come into force, and\n(bb) before the Amendment Regulations 2022 come into force;\n“category B loan” means a loan or credit which—\n(a) is made or granted to a relevant person,\n(b) is first made or granted after the Amendment Regulations 2022 come into force;\n“category C loan” means a loan or credit which—\n(a) has a maturity exceeding 30 days,\n(b) is made or granted—\n(i) to a person, other than an individual, which is connected with Belarus and which is not—\n(aa) a person which on the date on which the Amendment Regulations 2022 come into force is domiciled in a country other than Belarus,\n(bb) a person which is majority owned by a person falling within paragraph (aa), or\n(ii) to a person, other than an individual, which is majority owned by a person within sub-paragraph (i),\n(c) is first made or granted after the Amendment Regulations 2022 come into force, and\n(d) is not a category B loan;\n“relevant loan” means a category A loan, a category B loan or a category C loan.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/748/regulation/12",
    "retrieved_at": "2026-10-28T21:57:59.448677+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."
}