Sanctions and Anti-Money Laundering Act 2018

46 Report where regulations for a purpose within section 1(2) are amended U.K.

(1) This section applies where—

(a) by virtue of section 45 regulations under section 1 are amended by further regulations under section 1 (“new regulations”), and

(b) the regulations being amended state under section 1(3) a purpose other than compliance with a UN obligation or other international obligation.

(2) The appropriate Minister making the new regulations must at the required time lay before Parliament a report which explains why that Minister is of the opinion mentioned in section 45(2)(b).

(3) Nothing in subsection (2) requires the report to contain anything the disclosure of which may in the opinion of that Minister damage national security or international relations.

(4) In subsection (2) “the required time” means—

(a) where the new regulations are contained in a statutory instrument which is laid before Parliament after being made, the same time as the instrument is laid before Parliament;

(b) where a draft of a statutory instrument containing the new regulations is laid before Parliament, the same time as the draft is laid.

Commencement Information

I1 S. 46 in force at 22.11.2018 by S.I. 2018/1213, reg. 2(b)