[F133. 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
F1Sch. 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
I1Sch. 2 para. 33 comes into force in accordance with art. 1(1)