Search Legislation

The Yemen (Sanctions) (EU Exit) (No. 2) Regulations 2020

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 71

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the The Yemen (Sanctions) (EU Exit) (No. 2) Regulations 2020, Section 71. Help about Changes to Legislation

Transitional provision: prior obligationsU.K.

This section has no associated Explanatory Memorandum

71.—(1) Where—

(a)a person was named in Annex I of the EU Yemen Regulation immediately before the relevant date, and

(b)the person is a designated person immediately before the relevant date,

any reference in a provision mentioned in paragraph (3) to the date on which a person became a designated person is a reference to the date on which the person was so named.

(2) Where, immediately before the relevant date, a person was named by the Security Council or the Committee for the purposes of paragraph 11 of resolution 2140, any reference in a provision mentioned in paragraph (3) to the date on which a person became a designated person is to be read as a reference to the date on which the person was so named.

(3) The provisions referred to in paragraph (1) and (2) are—

(a)regulation 30(5) (finance: exceptions from prohibitions), and

(b)paragraphs 6(b)(i), 8(a) and 9(a) of Schedule 2 (Treasury licences: purposes).

(4) In this regulation—

designated person” has the same meaning as it has in Part 3 (Finance);

the relevant date” means—

(a)

where regulations under section 56 of the Act provide that Part 3 comes into force at a specified time on a day, that time on that day;

(b)

otherwise, the date on which Part 3 comes into force.

Commencement Information

I1Reg. 71 not in force at made date, see reg. 1(2)

I2Reg. 71 in force at 31.12.2020 by S.I. 2020/1514, reg. 20(2)

Back to top

Options/Help