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Regulation 56 Monetary penaltiesF1

United Kingdom

Each provision in Part 5 (Trade) which contains a prohibition imposed for a purpose mentioned in section 3(1) or (2) of the Act F2, or regulation 38A (designated persons: reporting obligations) is to be regarded as not being financial sanctions legislation for the purposes of Part 8 of the Policing and Crime Act 2017.

Annotations

Textual amendments

F1

Reg. 56 substituted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 33

F2

Words in reg. 56 inserted (16.5.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024 (S.I. 2024/643), regs. 1(2), 4(19)