The Russia (Sanctions) (Overseas Territories) Order 2020

[F1 33.   In regulation 59 (exceptions relating to loans and credit arrangements)— U.K.

(a) in paragraph (1)(c)—

(i) after paragraph (i) insert—

“(ia) in the case of a category 2 loan, 14th April 2022;”;

(ii) in paragraph (ii), omit “a category 2 loan,”;

(b) in paragraph (2)(a)(i)—

(i) after sub-paragraph (aa) insert—

“(aaa) in the case of a category 2 loan, 14th April 2022;”;

(ii) in sub-paragraph (bb), omit “a category 2 loan,”;

(c) in paragraph (3), in the definition of “relevant subsidiary”, for “United Kingdom” substitute “Territory”.]

Textual Amendments

F1 Sch. 2 para. 33 substituted (14.4.2022) by The Russia (Sanctions) (Overseas Territories) (Amendment) Order 2022 (S.I. 2022/453), arts. 1(1), 27

Commencement Information

I1 Sch. 2 para. 33 comes into force in accordance with art. 1(1)