100. In regulation 131 (transitional provision: Treasury licences)—
(a)in the heading, for “Treasury licences” substitute “financial sanctions licences”;
(b)in paragraph (1)(a), for “by the Treasury under regulation 19 or 23 of the 2017 Regulations” substitute “by the Governor under article 11 of the 2012 Order”;
(c)in paragraph (2), for “Treasury under regulation 88(1) (Treasury licences)” substitute “Governor under regulation 88(1) (financial sanctions licences)”;
(d)in paragraph (3), for “Treasury under regulation 89 (Treasury directions)” substitute “Governor under regulation 89 (financial sanctions directions)”;
(e)in paragraph (4), for “2017 Regulations” substitute “2012 Order”;
(f)in paragraph (5), before sub-paragraph (a), insert—
“(za)the 2012 Order,”;
(g)in paragraph (6)(a), for “2017 Regulations” substitute “2012 Order”;
(h)in paragraph (9)—
(i)at the appropriate place, insert—
““the 2012 Order” means the Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012(1);”;
(ii)for the definition of “the relevant date” substitute—
““the relevant date” means the date on which Part 4 comes into force.”