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Statutory Instruments
Exiting The European Union
Sanctions
Made
3rd December 2020
The Treasury, in exercise of the powers conferred by section 56 of the Sanctions and Anti-Money Laundering Act 2018(1), make the following Regulations.
2018 c. 13. Section 56(1) of the Sanctions and Anti-Money Laundering Act 2018 (c. 13) provides for an appropriate Minister to appoint by regulations the day or days on which sanctions regulations made under section 1 of the Act come into force, if that Minister considers it is appropriate to do so in consequence of, or otherwise in connection with, the withdrawal of the United Kingdom from the EU. Section 1(9)(b) of the Act defines “appropriate Minister” as including the Treasury.
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