SCHEDULE 2Modifications to be made in the extension of the Russia (Sanctions) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 1

I145

In regulation 72 (finance: powers to request information)—

a

in paragraph (1), for “The Treasury” substitute “ An authorised officer ”;

b

in paragraph (2)—

i

for “The Treasury”, in the first place it occurs, substitute “ An authorised officer ”;

ii

for “the Treasury”, in the second place it occurs, substitute “ the authorised officer ”;

c

in paragraph (4), for “the Treasury believe” substitute “ the authorised officer believes ”;

d

in paragraph (5)—

i

for “The Treasury” substitute “ An authorised officer ”;

ii

for “Treasury licence” substitute “ financial sanctions licence ”;

e

for paragraph (6) substitute—

6

An authorised officer may request a person to provide information within paragraph (7) if the authorised officer believes that the person may be able to provide the information.

f

in paragraph (7)—

i

for “the Treasury” substitute “ the authorised officer ”;

ii

in sub-paragraph (b)(iii), for “Treasury licence” substitute “ financial sanctions licence ”;

g

in paragraph (8), for “The Treasury” substitute “ The authorised officer ”;

h

in paragraph (10), for “the Treasury”, in both places it occurs, substitute “ the authorised officer ”.