36. In regulation 40 (transitional provision: Treasury licences)—
(a)in the heading, for “Treasury licences” substitute “financial sanctions licences”;
(b)in paragraph (1)(a), for “Treasury under regulation 9 of the 2018 Regulations” substitute “Governor under article 7 of the 2018 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 “2018 Regulations” substitute “2018 Order”;
(e)in paragraph (4) after sub-paragraph (a), insert—
“(aa)the 2018 Order, or”;
(f)in paragraph (5)(a), for “2018 Regulations” substitute “2018 Order”;
(g)in paragraph (6), omit “(Treasury licences)”.
(h)in paragraph (7)—
(i)at the appropriate place, insert—
““the 2018 Order” means the Chemical Weapons (Sanctions) (Overseas Territories) Order 2018(1);”;
(ii)for the definition of “the relevant date” substitute—
““the relevant date” means the date on which Part 3 comes into force.”