SCHEDULE 2Modifications to be made in the extension of the Guinea (Sanctions) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 1
35
In regulation 40 (transitional provision: Treasury licences)—
a
in the heading, for “Treasury licences” substitute “financial sanctions licences”;
b
in paragraph (1)(a)—
i
delete “, or deemed to be granted,”;
ii
for “Treasury under regulation 9 of the 2012 Regulations” substitute “Governor under article 10 of the 2013 Order”;
c
in paragraph (2), for “Treasury under regulation 20(1) (treasury licences)” substitute “Governor under regulation 20(1) (financial sanctions licences)”;
d
in paragraph (3), for “2012 Regulations” substitute “2013 Order”;
e
in paragraph (4), before sub-paragraph (a), insert—
za
the 2013 Order,
f
in paragraph (5)(a), for “2012 Regulations” substitute “2013 Order”;
g
in paragraph (6), for “(treasury licences)” substitute “(financial sanctions licences)”;
h
in paragraph (7)—
i
at the appropriate place, insert—
“the 2013 Order” means the Guinea (Sanctions) (Overseas Territories) Order 201311;
ii
for the definition of “the relevant date” substitute—
“the relevant date” means the date on which Part 3 comes into force.