C1PART 1Sanctions regulations
C1CHAPTER 1Power to make sanctions regulations
Contents of sanctions regulations: further provision
I121Extra-territorial application
1
Prohibitions or requirements may be imposed by or under regulations under section 1 in relation to—
a
conduct in the United Kingdom or in the territorial sea by any person;
b
conduct elsewhere, but only if the conduct is by a United Kingdom person.
2
In subsection (1) “United Kingdom person” means—
a
a United Kingdom national, or
b
a body incorporated or constituted under the law of any part of the United Kingdom.
3
For this purpose a United Kingdom national is an individual who is—
a
a British citizen, a British overseas territories citizen, a British National (Overseas) or a British Overseas citizen,
b
a person who under the British Nationality Act 1981 is a British subject, or
c
a British protected person within the meaning of that Act.
4
Her Majesty may by Order in Council provide for this section to have effect as if the list of persons in subsection (2) included a body incorporated or constituted under the law of any of the following named in the Order—
a
any of the Channel Islands;
b
the Isle of Man;
c
any of the British overseas territories.
5
In this section “conduct” includes acts and omissions.
6
Nothing in this section limits the provision that may be made in regulations under section 1 by virtue of section 19 or 20.
Pt. 1: power to amend conferred (15.3.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 66(1)(a), 69(3)