{
  "url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-regulations-2026/regulation-5",
  "json_url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-regulations-2026/regulation-5.json",
  "legislation": "uksi/2026/443",
  "legislation_title": "The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/sanctions-eu-exit-miscellaneous-amendments-regulations-2026",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Amendment of the South Sudan (Sanctions) (EU Exit) Regulations 2019",
  "text": "(1) The South Sudan (Sanctions) (EU Exit) Regulations 2019 are amended as follows.\n(2) In regulation 31ZZB (finance: exceptions relating to payment of Treasury debt), in paragraph (1), in sub-paragraph (a), omit “by the Treasury”.\n(3) In regulation 40 (“relevant firm”), for “10,000 euros”, in each place it occurs, substitute “£10,000”.\n(4) Omit regulation 55 (trade offences in CEMA: modification of penalty).\n(5) In regulation 64 (notices)—\n(a) after paragraph (3) insert—\n“(3A) The notice may be given to the person by electronic means.”;\n(b) in paragraph (4) omit “, including by electronic means,”.\n(6) In Schedule 2 (Treasury licences: purposes)—\n(a) for paragraph 6A (prior obligations), substitute—\n“Prior obligations\n6A (1) To enable, by the use of a designated person’s funds or economic resources, the satisfaction of an obligation of that designated person arising under a contract, provided that—\n(a) the obligation arose before the date on which that designated person became a designated person, and\n(b) no payments are made to another designated person, whether directly or indirectly.\n(2) In this paragraph “designated person’s funds or economic resources” means funds or economic resources owned, held or controlled by a designated person, including, in particular, a reference to—\n(a) funds or economic resources in which the designated person has any legal or equitable interest, regardless of whether the interest is held jointly with any other person and regardless of whether any other person holds an interest in the funds or economic resources;\n(b) any tangible property (other than real property), or bearer security, that is comprised in funds or economic resources and is in the possession of the designated person.\n(3) In this paragraph “that designated person” means—\n(a) the designated person whose funds or economic resources are to be used (“U”), or\n(b) any other designated person that within the meaning of regulation 7—\n(i) U owns or controls directly or indirectly,\n(ii) U is owned or controlled directly or indirectly by, or\n(iii) is owned or controlled directly or indirectly by the same designated person that owns or controls directly or indirectly U.”;\n(b) for paragraph 7 (prior obligations), substitute—\n“Prior obligations\n7 To enable the satisfaction of an obligation of a designated person (whether arising under a contract, other agreement or otherwise), provided that—\n(a) the obligation arose before the date on which the person became a designated person, and\n(b) no payments are made to another designated person, whether directly or indirectly.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2019/438; relevant amending instruments are S.I. 2020/950, S.I. 2022/819, S.I. 2024/1157 and S.I. 2025/712."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2026/443/regulation/5",
    "retrieved_at": "2026-10-28T21:02:20.897437+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."
}