The Russia (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2024
S.I. 2024/987 · Made 2 October 2024
OVERSEAS TERRITORIES
SANCTIONS
Made 2nd October 2024
Coming into force 3rd October 2024
At the Court at Buckingham Palace, the 2nd day of October 2024
Present,
The King's Most Excellent Majesty in Council
His Majesty, in exercise of the powers conferred by section 63(3)(c) and (4) of the Sanctions and Anti-Money Laundering Act 2018f1, is pleased, by and with the advice of His Privy Council, to make the following Order:
Annotations to the whole text
Footnotes
- f1
Contents
- 1Citation, commencement and extent
- 2Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020
- 3Article 3
- 4Article 4
- 5Article 5
- 6Article 6
- Signature
- Schedule British overseas territories
- Explanatory note
1Citation, commencement and extent
This Order may be cited as the Russia (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2024 and comes into force on 3rd October 2024.
This Order extends to each British overseas territory listed in the Schedule.
2Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020
3
After paragraph 26XF, insert—
“26XGIn regulation 46Z16J (interpretation), in the definition of “third country”, for “United Kingdom, the Isle of Man” substitute “Territory”.
26XHIn regulation 46Z16Q (interpretation), in the definition of “third country”, for “United Kingdom, the Isle of Man” substitute “Territory”.”.
4
In paragraph 30B(a)(ii), for “place” substitute “and third places”.
5
After paragraph 31E, insert—
“31EAIn regulation 57F (specification of ships), in paragraph (7), in the definition of “third country”, for “United Kingdom, the Isle of Man” substitute “Territory”.”.
6
After paragraph 34DC, insert—
“34DDIn regulation 60GC (trade: exception in respect of the acquisition of diamonds and diamond jewellery), in paragraph (1), for “United Kingdom or the Isle of Man” substitute “Territory”.”.
Signature
Richard Tilbrook
Clerk of the Privy Council
British overseas territories
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Anguilla
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British Antarctic Territory
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British Antarctic Territory
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British Indian Ocean Territory
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Cayman Islands
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Falkland Islands
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Montserrat
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Pitcairn, Henderson, Ducie and Oeno Islands
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St Helena, Ascension and Tristan da Cunha
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South Georgia and the South Sandwich Islands
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The Sovereign Base Areas of Akrotiri and Dhekelia in the Island of Cyprus
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Turks and Caicos Islands
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Virgin Islands
Explanatory note
(This note is not part of the Order)
This Order makes amendments to the Russia (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1571) (“the Principal Order”).
The Principal Order extends with modifications the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (“the Russia sanctions regulations”) as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements). The Russia sanctions regulations established a sanctions regime in relation to Russia for the purpose of encouraging Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine.
The Russia sanctions regulations have recently been amended by the Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2023 (S.I. 2023/1367), the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 (S.I. 2024/218), the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2024 (S.I. 2024/834) and the Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2024 (S.I. 2024/900) (together, “the amending regulations”). This Order makes the necessary amendments to the Principal Order to give effect in the relevant British overseas territories to the changes made to the Russia sanctions regime by the amending regulations.
An Impact Assessment has not been prepared for this Order: the territorial extent of both this Order and the Principal Order is the British overseas territories listed in the Schedule to this Order and no, or no significant, impact is foreseen on the private, voluntary or public sector in the United Kingdom.