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35. In regulation 40 (transitional provision: Treasury licences)—
(a)in the heading, for “Treasury licences” substitute “financial sanctions licences”;
(b)in paragraph (1)(a), for “Treasury under regulation 9 of the 2015 Regulations” substitute “Governor under article 7 of the 2015 Order”;
(c)in paragraph (2), for “Treasury under regulation 20(1) (treasury licences)” substitute “Governor under regulation 20(1) (financial sanctions licences)”;
(d)in paragraph (3), for “2015 Regulations” substitute “2015 Order”;
(e)in paragraph (4), before sub-paragraph (a), insert—
“(za)the 2015 Order,”;
(f)in paragraph (5)(a), for “2015 Regulations” substitute “2015 Order”;
(g)in paragraph (6), for “(treasury licences)” substitute “(financial sanctions licences)”;
(h)in paragraph (7)—
(i)at the appropriate place, insert—
““the 2015 Order” means the Burundi (Sanctions) (Overseas Territories) Order 2015(1);”;
(ii)for the definition of “the relevant date” substitute—
““the relevant date” means the date on which Part 3 comes into force.”
S.I. 2015/1898, amended by S.I. 2018/1076.
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