Introductory text

SANCTIONS

Made 26th March 2025

Laid before Parliament 27th March 2025

Coming into force 18th April 2025

The Secretary of State, considering that the condition in section 45(2) of the Sanctions and Anti-Money Laundering Act 2018^f1 is met, makes the following Regulations in exercise of the powers conferred by sections 1, 10(2), (3) and (4), 11, 17(2), (3) and (6), 45 and 54(1)(a) of the Sanctions and Anti-Money Laundering Act 2018^f2.

Annotations

Footnotes

f1: 2018 c. 13. The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 is conferred on an appropriate Minister. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State. Section 45 is amended by sections 57(4) and 62(3) of the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10).
f2: Section 1(4) is repealed by section 57(2) of the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10) and section 35(2) of the Economic Crime and Corporate Transparency Act 2023 (c. 56) amends section 1(5).