OpenLegislation

Regulation 103 Transitional Provisions: prior obligationsI1

United Kingdom

(1)

Where—

(a)

a person was named in Annex ⅠⅠ or ⅠⅠa of the EU Syria Regulation immediately before F1IP completion day, and

(b)

the person is a designated person immediately before IP completion day,

any reference in a provision mentioned in paragraph (2) to the date on which a person became a designated person is a reference to the original listing date.

(2)

The provisions referred to in paragraph (1) are—

(a)

regulation 55(5) (asset-freeze etc: exceptions from prohibitions), and

(b)

in Schedule 6 (Treasury licences: purposes)—

F2(i)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(ii)

paragraph 15(a);

(iii)

paragraph 16(3);

(iv)

paragraph 16(5)(b).

(3)

In this regulation—

  • “designated person” has the same meaning as it has in Chapter 1 of Part 3 (Finance);

  • “original listing date” means the earlier of—

    1. (a)

      the date on which the person was named in Annex ⅠⅠ or Annex ⅠⅠa of the EU Syria Regulation, and

    2. (b)

      if the person was also named in Annex ⅠⅠ of Council Regulation (EU) No 442/2011 of 9 May 2011, concerning restrictive measures in view of the situation in Syria M1, the date on which the person was named in that Annex.

Annotations

Textual amendments

F1

Words in reg. 103 substituted (31.12.2020 immediately after IP completion day) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2020 (S.I. 2020/590), regs. 1(2), 9(15); S.I. 2020/1514, reg. 4

F2

Reg. 103(2)(b)(i) omitted (5.12.2024) by virtue of The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 14(11)

Marginal citations

M1

OJ L 121, 10.5.2011, p.1.

Commencement

I1

Reg. 103 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)