Introductory text

SANCTIONS

Made 18th June 2025

Laid before Parliament 19th June 2025

Coming into force 10th July 2025

The Secretary of State^f1, considering that the condition in section 45(2) of the Sanctions and Anti-Money Laundering Act 2018^f2 is met, makes these Regulations in exercise of the powers conferred by sections 1, 15(2)(a), 45(1)(b) and 54(1) and (2)(a) of that Act.

Annotations

Footnotes

f1: The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 (c. 13) is conferred on an appropriate Minister. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State.
f2: 2018 c. 13. Sections 1 and 45 are amended by the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), sections 57 and 62. Sections 1(5) and 15 are amended by the Economic Crime and Corporate Transparency Act 2023 (c. 56), section 35(2) and (5). Section 54 is amended by S.I. 2023/1424.