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Sanctions and Anti-Money Laundering Act 2018
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Changes over time for: Section 22
Alternative versions:
- 22/11/2018- Amendment
- 31/12/2020- Amendment
- 15/03/2022- Amendment
- 04/03/2024
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22Power to vary or revoke designation made under regulationsU.K.
This section has no associated Explanatory Notes
(1)In this section and section 23—
“a relevant designation” means a designation made under a designation power contained in regulations under section 1;
“the Minister”, in relation to a relevant designation, means the appropriate Minister who made that designation.
(2)A relevant designation may at any time be varied or revoked by the Minister.
(3)If at any time the Minister considers that the required conditions are not met in respect of a relevant designation, the Minister must revoke the designation.
(4)In subsection (3) “the required conditions” means—
(a)if the designation is of a named person, the conditions of the provision included in the regulations under section [F111] F2...,
(b)if the designation is of persons of a specified description, the conditions of the provision included in the regulations under section [F312] F4....
Textual Amendments
F1Word in s. 22(4)(a) substituted (15.3.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 58(7)(a), 69(3)
F2Words in s. 22(4)(a) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 58(7)(b), 69(3)
F3Word in s. 22(4)(b) substituted (15.3.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 59(10)(a), 69(3)
F4Words in s. 22(4)(b) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 59(10)(b), 69(3)
Modifications etc. (not altering text)
C1S. 22 extended (British overseas territories) (with modifications) (31.12.2020 immediately after both S.I. 2020/950 and S.I. 2020/1289 have come into force) by The Counter-Terrorism (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1564), arts. 1(1), 4(a), Sch. 1, Sch. 3; S.I. 2020/1514, regs. 17, 21
Commencement Information
I1S. 22 in force at 22.11.2018 by S.I. 2018/1213, reg. 2(a)
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