{
  "url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-and-revocations-regulations-2024/note",
  "json_url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-and-revocations-regulations-2024/note.json",
  "legislation": "uksi/2024/643",
  "legislation_title": "The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-and-revocations-regulations-2024",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) (“the Sanctions Act”).\nThe Regulations make amendments to a number of sanctions regulations which have been made under section 1 of the Sanctions Act.\nThe Regulations amend the following sanctions regulations to introduce a new power to designate persons for the purpose of disqualifying those persons from being a director of a company or directly or indirectly taking part in or being concerned in the promotion, formation or management of a company; namely—\nthe Venezuela (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/135),\nthe Republic of Guinea-Bissau (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/554),\nthe Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/600),\nthe Zimbabwe (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/604),\nthe Chemical Weapons (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/618),\nthe Syria (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/792),\nthe Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855),\nthe Guinea (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/1145),\nthe Cyber (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/597),\nthe Bosnia and Herzegovina (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/608),\nthe Nicaragua (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/610),\nthe Global Human Rights Sanctions Regulations 2020 (S.I. 2020/680),\nthe Unauthorised Drilling Activities in the Eastern Mediterranean (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/1474)\nthe Global Anti-Corruption Sanctions Regulations 2021 (S.I. 2021/488), and\nthe Myanmar (Sanctions) Regulations 2021 (S.I. 2021/496).\nThe Regulations also amend provisions of the following sanctions regulations relating to the enforcement of trade sanctions, in particular as regards the application of enforcement provisions of the Customs and Excise Management Act 1979 (c. 2):\nthe Venezuela (Sanctions) (Human Rights) (EU Exit) Regulations 2019,\nthe Republic of Belarus (Sanctions) (EU Exit) Regulations 2019,\nthe Zimbabwe (Sanctions) (EU Exit) Regulations 2019,\nthe Syria (Sanctions) (EU Exit) Regulations 2019,\nthe Russia (Sanctions) (EU Exit) Regulations 2019, and\nthe Myanmar (Sanctions) Regulations 2021.\nRegulation 4 also makes further amendments and corrections to the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019:\nto introduce a new obligation for designated persons to report funds or economic resources which that person owns, holds or controls, and the location of those. This is supported by a new power for the Treasury to impose civil monetary penalties where a person commits an offence by refusing or failing to comply with that obligation, or knowingly or recklessly, giving false information,\nto introduce new trade prohibitions in relation to aluminium and certain critical-industry goods and critical-industry technology concerning:\nelectronics,\nnavigation and avionics, and\naerospace and propulsion,\nto make minor corrections (see paragraph 6(b), (23) and (24)).\nThese Regulations also revoke the Burundi (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/1142).\nA full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen. An impact assessment was, however, produced for the Sanctions Act and can be found at:\nhttps://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/653271/Sanctions_and_Anti-Money_Laundering_Bill_Impact_Assessment_18102017.pdf\nA paper copy of the impact assessment may be obtained in writing from the offices of the Foreign, Commonwealth and Development Office, King Charles Street, London SW1A 2AH.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/643/note",
    "retrieved_at": "2026-10-28T21:29:28.069392+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."
}