The Policing and Crime Act (Financial Sanctions) (Overseas Territories) Order 2017
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King's Printer of Acts of Parliament
2017-10-12
OVERSEAS TERRITORIES
Under section 152(1) of the Policing and Crime Act 2017 (“the Act”), the Treasury has the power, by regulations, to create a temporary financial sanctions regime to implement a financial sanctions regime imposed by a new United Nations (“UN”) Security Council Resolution. Any such regulations must cease to have effect either when the EU implements the UN financial sanctions, or after the end of a default period.
Implementation of UN financial sanctions Resolutions: temporary regulations7
Any regulations made under section 152(1), as those regulations are amended from time to time, extend to the territories with the modifications set out in articles 8 to 14.