Sch. 1 para. 3 not in force at made date, see reg. 1(2)

Sch. 1 para. 3 in force at 25.3.2019 by S.I. 2019/627, reg. 6(1)(j)

http://www.legislation.gov.uk/uksi/2019/438/schedule/1/paragraph/3The South Sudan (Sanctions) (EU Exit) Regulations 2019texttext/xmlenEXITING THE EUROPEAN UNIONSANCTIONSStatute Law Database2024-08-20Expert Participation2024-06-05These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c.13) to establish a sanctions regime in relation to South Sudan for the purposes of compliance with the United Kingdom's United Nations obligations and promoting the peace, security and stability of South Sudan and related purposes. Following the United Kingdom's withdrawal from the European Union, these Regulations also replace the European Union sanctions regime in relation to the situation in South Sudan, implemented via an EU Council Decision and Regulation.SCHEDULESSCHEDULE 1Rules for interpretation of regulation 7(2)3Joint arrangements1

If shares or rights held by a person and shares or rights held by another person are the subject of a joint arrangement between those persons, each of them is treated as holding the combined shares or rights of both of them.

2

A “joint arrangement” is an arrangement between the holders of shares or rights that they will exercise all or substantially all the rights conferred by their respective shares or rights jointly in a way that is pre-determined by the arrangement.

3

Arrangement” has the meaning given by paragraph 12.

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<p>Sch. 1 para. 3 not in force at made date, see reg. 1(2)</p>
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Sch. 1 para. 3 in force at 25.3.2019 by
<ref href="http://www.legislation.gov.uk/id/uksi/2019/627">S.I. 2019/627</ref>
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<heading>Rules for interpretation of regulation 7(2)</heading>
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3
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<p>If shares or rights held by a person and shares or rights held by another person are the subject of a joint arrangement between those persons, each of them is treated as holding the combined shares or rights of both of them.</p>
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<p>A “joint arrangement” is an arrangement between the holders of shares or rights that they will exercise all or substantially all the rights conferred by their respective shares or rights jointly in a way that is pre-determined by the arrangement.</p>
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