7. In Schedule 7 to the Counter-Terrorism Act 2008 M1 (terrorist financing and money laundering), for paragraph 45(3), substitute—
“(3) Unless otherwise defined, expressions used in this Schedule and in Directive 2015/849/EU of the European Parliament and of the Council of 20th May 2015 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing have the same meaning as in that Directive.”.