# The Russia (Sanctions) (Overseas Territories) Order 2020, Paragraph 12B


In regulation 19A (interpretation of Part 3)—
(a) in paragraph (1)—
(i) for the definition of “credit or financial institution” substitute—
““credit or financial institution” means a Territory credit or financial institution or a non-Territory credit or financial institution;”;
(ii) in the definition of “Government of Russia”, after “regulation 6” insert “(as it has effect in the United Kingdom)”;
(b) in paragraph (3)—
(i) in sub-paragraph (a), for “non-UK credit or financial institution” substitute “non-Territory credit or financial institution”;
(ii) in sub-paragraph (b), for “UK credit or financial institution” substitute “Territory credit or financial institution”.

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Source: https://www.legislation.gov.uk/uksi/2020/1571/schedule/2/paragraph/12B (the official version)
Page: https://openlegislation.uk/russia-sanctions-overseas-territories-order-2020/schedule-2/paragraph-12B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.