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

45.  In regulation 72 (finance: powers to request information)— U.K.

(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 ”.

Commencement Information

I1 Sch. 2 para. 45 comes into force in accordance with art. 1(1)