http://www.legislation.gov.uk/uksi/2020/1598/schedule/2/paragraph/19/madeThe Iran (Sanctions) (Human Rights) (Overseas Territories) Order 2020enKing's Printer of Acts of Parliament2020-12-18OVERSEAS TERRITORIESSANCTIONSThis Order extends with modifications the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019 (S.I. 2019/134) (“the Iran Human Rights Regulations”) as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements).SCHEDULE 2Modifications to be made in the extension of the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 119

For regulation 35 (Treasury licences), substitute—

35Financial sanctions licences1

The prohibitions in regulations 11 to 15 (asset-freeze etc.) do not apply to anything done under the authority of a licence issued by the Governor under this paragraph.

2

The Governor may issue a financial sanctions licence only with the consent of the Secretary of State.

3

The Governor may issue a financial sanctions licence which authorises acts by a particular person only where the Governor considers that it is appropriate to issue the licence for a purpose set out in Schedule 4.

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<p>For regulation 35 (Treasury licences), substitute—</p>
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