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Sanctions and Anti-Money Laundering Act 2018

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45Revocation and amendment of regulations under section 1U.K.

This section has no associated Explanatory Notes

(1)Section 1 includes a power, by further regulations under that section (“new regulations”)—

(a)to revoke any regulations under that section, or

(b)to amend any regulations under that section where the condition in subsection (2) below is met.

(2)The condition referred to in subsection (1)(b) is that the appropriate Minister making the new regulations—

(a)considers that the regulations being amended will, as amended, be sanctions regulations within the meaning given by section 1(5) that are appropriate for the purpose stated in them under section 1(3). F1...

F2(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)The requirements of section 1(1) and (3)F4... F5... do not apply in relation to regulations made by virtue of this section.

(7)In relation to section 1, this section has effect in place of section 14 of the Interpretation Act 1978 (implied power to revoke and amend).

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