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PART 10U.K.Supplementary and final provision

Transitional provisions: prior obligationsU.K.

60.—(1) Where—

(a)a person was named on the ISIL (Da'esh) and Al-Qaida Sanctions List, and

(b)the person is a designated person immediately before the relevant date,

any reference in regulation 27(5) (finance: exceptions from prohibitions) to the date on which a person became a designated person is a reference to the date on which the person was named on the ISIL (Da'esh) and Al-Qaida Sanctions List.

(2) In this regulation—

designated person” has the same meaning as it has in Part 3 (Finance);

the relevant date” means—

(a)

where regulations under section 56 of the Act provide that Part 3 comes into force at a specified time on a day, that time on that day;

(b)

otherwise, the date on which Part 3 comes into force.

Commencement Information

I1Reg. 60 not in force at made date, see reg. 1(2)

I2Reg. 60 in force at 31.12.2020 on IP completion day by S.I. 2019/627, reg. 9(2); 2020 c. 1, Sch. 5 para. 1(1)