SCHEDULE 2Modifications to be made in the extension of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 1
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In Schedule 3 (Treasury licences: purposes)—
a
in the heading, for “Treasury licences” substitute “Financial sanctions licences”;
b
in the definition of “frozen funds or economic resources” in paragraph 1, for “the designation of that person for the purpose of that regulation” substitute “that person being a designated person for the purposes of Part 3 (Finance) as defined in regulation 10 (meaning of “designated person” in Part 3)”;
c
in paragraph 6(b)(ii) (pre-existing judicial decisions etc.), for “United Kingdom” substitute “Territory”.