{
  "url": "https://openlegislation.uk/russia-sanctions-eu-exit-amendment-no-17-regulations-2022/regulation-19",
  "json_url": "https://openlegislation.uk/russia-sanctions-eu-exit-amendment-no-17-regulations-2022/regulation-19.json",
  "legislation": "uksi/2022/1331",
  "legislation_title": "The Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022",
  "legislation_url": "https://openlegislation.uk/russia-sanctions-eu-exit-amendment-no-17-regulations-2022",
  "path": "regulation/19",
  "kind": "regulation",
  "number": "19",
  "heading": "Disapplication of Banking Act 2009 requirement",
  "text": "After regulation 97 (trade: overlapping offences), insert—\n“Disapplication of Banking Act 2009 requirement to recognise third-country resolution actions\n97A. (1) The duty of the Bank of England to make a decision under section 89H(2) of the Banking Act 2009 (recognition of third-country resolution actions) does not apply in relation to the notification of third-country resolution action in respect of—\n(a) a designated person, or\n(b) a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by a designated person.\n(2) In paragraph (1)—\n“designated person” has the same meaning as it has in Chapter 1 of Part 3 (asset-freeze etc.);\n“third-country resolution action” has the meaning given in section 89H(7) of the Banking Act 2009.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2009 c. 1. Section 89H was inserted by S.I. 2014/3329, and amended by S.I. 2018/1394."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/1331/regulation/19",
    "retrieved_at": "2026-10-28T21:52:04.372592+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."
}