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103.—(1) Where—
(a)a person was named in an Annex to the EU Russia Regulations immediately before exit day, and
(b)the person is a designated person immediately before exit day,
any reference in a provision mentioned in paragraph (2) to the date on which a person became a designated person is a reference to the date on which the person was named in an Annex to the EU Russia Regulations.
(2) The provisions referred to in paragraph (1) are—
(a)regulation 58(5) (finance: exceptions from prohibitions),
(b)paragraph 6 of Schedule 5 (pre-existing judicial decisions), and
(c)paragraph 8 of Schedule 5 (prior obligations).
(3) In this regulation, “designated person” has the same meaning as it has in Chapter 1 of Part 3 (finance restrictions in relation to designated persons).
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