The Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022

Treasury licences: purposes

14.  In Schedule 5 (Treasury licences: purposes)—

(a) at the beginning insert a new Part A1—

“PART A1 Interpretation

Interpretation of Schedule 5

A1.   In this Schedule—

“consular post” has the same meaning as in the Vienna Convention on Consular Relations done at Vienna on 24 April 1963(1), and any reference to the functions of a consular post is to be read in accordance with that Convention;

“diplomatic mission” and any reference to the functions of a diplomatic mission are to be read in accordance with the Vienna Convention on Diplomatic Relations done at Vienna on 18 April 1961(2);

“humanitarian assistance activity” includes the work of international and non-governmental organisations carrying out relief activities for the benefit of the civilian population of a country;

“medical goods” includes medicines and medical devices;

“spaceflight activity” has the meaning given in section 1(6) of the Space Industry Act 2018(3).”;

(b) in the heading of paragraph 1, after “Interpretation” insert “of Part 1”;

(c) in paragraph 1, in the definition of “designated person”, for “Finance restrictions in relation to designated persons” substitute “Asset-freeze etc.”;

(d) in paragraph 9, omit sub-paragraph (2);

(e) after paragraph 9 insert—

“Humanitarian assistance activity

9A.   To enable anything to be done in connection with the performance of any humanitarian assistance activity.

Medical goods or services

9B.— (1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

Food

9C.   To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.

Diplomatic missions etc.

9D.— (1) To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia or of an international organisation enjoying immunities in accordance with international law may be carried out.

(2) To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.

PART 1A Loans and credit arrangements

Humanitarian assistance activity

9E.   To enable anything to be done in connection with the performance of any humanitarian assistance activity.

Medical goods or services

9F.— (1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

Food

9G.   To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.

Diplomatic missions etc.

9H.— (1) To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia, or of an international organisation enjoying immunities in accordance with international law may be carried out.

(2) To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.

Space

9I.   To enable anything to be done in order for a United Kingdom person to undertake spaceflight activity.

Extraordinary situation

9J.   To enable anything to be done to deal with an extraordinary situation.

PART 1B Correspondent banking relationships etc.

Interpretation of Part 1B

9K.   In this Part, “designated person” has the meaning given in regulation 17A.

Basic needs

9L.— (1) To enable the basic needs of a designated person, or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person, to be met.

(2) In the case of a person other than an individual, in sub-paragraph (1) “basic needs” includes needs for—

(a) payment of insurance premiums;

(b) payment of reasonable fees for the provision of property management services;

(c) payment of reasonable fees for the provision of insolvency services;

(d) payment of remuneration, allowances or pensions of employees;

(e) payment of tax;

(f) rent or mortgage payments;

(g) utility payments.

Legal services

9M.   To enable the payment of—

(a) reasonable professional fees for the provision of legal services to the designated person or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person, or

(b) reasonable expenses associated with the provision of legal services to the designated person (or a person owned or controlled directly or indirectly (within the meaning of regulation 7) by the designated person.

Financial regulation

9N.— (1) To enable anything to be done by, or on behalf of, a relevant financial authority for the purposes of the functions of that authority.

(2) In sub-paragraph (1), “relevant financial authority” means authorities involved in the regulation of financial services in the United Kingdom, including the Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England.

Extraordinary situation

9O.   To enable anything to be done to deal with an extraordinary situation.

PART 1C Sterling payments

Humanitarian assistance activity

9P.— (1) To enable anything to be done in connection with the performance of any humanitarian assistance activity.

Medical goods or services

9Q.— (1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

Food

9R.   To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.

Diplomatic missions etc.

9S.— (1) To enable anything to be done in order that the functions of a diplomatic mission or consular post in Russia, or of an international organisation enjoying immunities in accordance with international law may be carried out.

(2) To enable anything to be done in order that the functions of a diplomatic mission or consular post of Russia in the United Kingdom may be carried out.

Space

9T.   To enable anything to be done in order for a United Kingdom person to undertake spaceflight activity.”

(f) in paragraph 10, omit sub-paragraph (2).

(1)

United Nations Treaty Series, vol. 596, p.261.

(2)

United Nations Treaty Series, vol. 500, p. 95.

(3)

2018 c.5.