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The Unauthorised Drilling Activities in the Eastern Mediterranean (Sanctions) (EU Exit) Regulations 2020
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- UK Statutory Instruments
- 2020 No. 1474
- PART 8
- Regulation 40
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The Unauthorised Drilling Activities in the Eastern Mediterranean (Sanctions) (EU Exit) Regulations 2020, Section 40 is up to date with all changes known to be in force on or before 26 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Regulation 40:
- reg. 25(1)(j)-(m) inserted by S.I. 2024/1157 reg. 30(9)(a)
- reg. 25(3D)-(3K) inserted by S.I. 2024/1157 reg. 30(9)(b)
- reg. 25(5)(da) inserted by S.I. 2024/1157 reg. 30(9)(c)
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg. 25(1)(j)-(m) inserted by S.I. 2024/1157 reg. 30(9)(a)
- reg. 25(3D)-(3K) inserted by S.I. 2024/1157 reg. 30(9)(b)
- reg. 25(5)(da) inserted by S.I. 2024/1157 reg. 30(9)(c)
Transitional provision: prior obligations etc.U.K.
This section has no associated Explanatory Memorandum
40.—(1) Where—
(a)a person was named in Annex I of the EU Turkey 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 (2) to the date on which a person became a designated person is a reference to the date on which the person was named in Annex I of the EU Turkey Regulation.
(2) The provisions referred to in paragraph (1) are—
(a)regulation 18(5) (finance: exceptions from prohibitions), and
(b)[F1paragraph] 10(a) of Schedule 2 (Treasury licences: purposes).
(3) In this regulation—
“designated person” has the same meaning as it has in Part 3 (Finance);
“the EU Turkey Regulation” has the meaning given in regulation 39(7);
“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, and
(b)
otherwise, the date on which Part 3 comes into force.
Textual Amendments
F1Word in reg. 40(2)(b) substituted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 30(11)
Commencement Information
I1Reg. 40 not in force at made date, see reg. 1(2)
I2Reg. 40 in force at 31.12.2020 by S.I. 2020/1514, reg. 24(2)
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