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23. In regulation 60 (exceptions relating to investments in relation to Crimea)—
(a)in the heading, for “Crimea” substitute “non-government controlled Ukrainian territory”;
(b)in paragraph (1)—
(i)for “regulation 18 (investments in relation to Crimea)” substitute “regulation 18 (investments in relation to non-government controlled Ukrainian territory)”;
(ii)for “20 December 2014” substitute “the relevant date”;
(c)in paragraph (2), for “Crimea”, in both places it occurs, substitute “non-government controlled Ukrainian territory”;
(d)after paragraph (2) , insert—
“(3) In this regulation, “the relevant date” means—
(a)in the case of investments in relation to Crimea, 20th December 2014;
(b)in the case of investments in relation to non-government controlled areas of the Donetsk and Luhansk oblasts, 23rd February 2022.”
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