Regulation 19 Amendment of the Nicaragua (Sanctions) (EU Exit) Regulations 2020

after paragraph (3) insert—

“(3A)

The notice may be given to the person by electronic means.”;

in paragraph (4) omit “, including by electronic means,”.

in paragraph 1 (interpretation), in sub-paragraph (1), in the definition of “frozen funds or economic resources”, omit the words from “, and” to the end;

for paragraph 10 (prior obligations), substitute—

“Prior obligations

10

To enable the satisfaction of an obligation of a designated person (whether arising under a contract, other agreement or otherwise), provided that—

(a)

the obligation arose before the date on which the person became a designated person, and

(b)

no payments are made to another designated person, whether directly or indirectly.”