# The Sanctions (Miscellaneous Amendments) (Overseas Territories) Order 2025, Paragraph 5


In paragraph 38, in the inserted regulation 61—
(a) in paragraph (1) omit “, regulation 16 (Territory credit or financial institutions: accounts and correspondent banking relationships etc) and regulation 21 (investments in relation to crude oil and electricity production)”;
(b) for paragraph (3) substitute—
“(3) The Governor may issue a financial sanctions licence which authorises acts by a particular person only where, in relation to acts which would otherwise be prohibited by regulations 11 to 15, the Governor considers that it is appropriate to issue the licence for a purpose set out in Part 2 of Schedule 6.”.

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Source: https://www.legislation.gov.uk/uksi/2025/1307/schedule/14/paragraph/5 (the official version)
Page: https://openlegislation.uk/sanctions-miscellaneous-amendments-overseas-territories-order-2025/schedule-14/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.