Article 9 Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020

In paragraph 38 (substitution of regulation 64), in paragraph (3) of the substituted text—

(a)

after sub-paragraph (a), insert—

“(aa)

in the case of acts which would otherwise be prohibited by regulations 11 to 15, 16, 17, 17A, 18A and 18C, where the Governor considers that it is appropriate to issue the licence for a purpose set out in Part 1ZA of Schedule 5,”;

(b)

in sub-paragraph (d)—

(i)

for “(sterling payments etc.)” substitute “(processing payments)”;

(ii)

for “(Sterling payments etc.)” substitute “(Processing payments)”.