The Zimbabwe (Sanctions) (Overseas Territories) Order 2020

56.  In regulation 69 (transitional provision: Treasury licences)—

(a) in the heading, for “Treasury licences” substitute “financial sanctions licences”;

(b) in paragraph (1)(a), for “, or deemed to be granted, by the Treasury under regulation 10 of the 2009 Regulations” substitute “by the Governor under article 10 of the 2012 Order”;

(c) in paragraph (2), for “Treasury under regulation 33(1) (treasury licences)” substitute “Governor under regulation 33(1) (financial sanctions licences)”;

(d) in paragraph (3), for “2009 Regulations” substitute “2012 Order”;

(e) in paragraph (4), before sub-paragraph (a), insert—

“(za) the 2012 Order,”;

(f) in paragraph (5)(a), for “2009 Regulations” substitute “2012 Order”;

(g) in paragraph (6), for “(treasury licences)” substitute “(financial sanctions licences)”;

(h) in paragraph (7)—

(i) at the appropriate place, insert—

““the 2012 Order” means the Zimbabwe (Sanctions) (Overseas Territories) Order 2012(1);”;

(ii) for the definition of “the relevant date” substitute—

““the relevant date” means the date on which Part 3 comes into force.”

(1)

S.I. 2012/2753, amended by S.I. 2013/1446, 2015/826, 2018/1076.