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The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2023

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23.—(1) In the provisions specified in paragraph (2), for “(correspondent banking relationships etc.)”, substitute “(corresponding banking relationships and processing payments)”.

(2) Those provisions are—

(a)regulation 5(1)(aa) and (1A)(b);

(b)regulation 19A(3);

(c)regulation 62A(1);

(d)regulation 64(1); and

(e)regulation 72(5)(c).

(3) In the heading to Part 1B of Schedule 5, for “etc.” substitute “and processing payments”.

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