SCHEDULES

SCHEDULE 2U.K.Modifications to be made in the extension of the Global Human Rights Sanctions Regulations 2020 to each British overseas territory listed in Schedule 1

32.  In Schedule 2 (Treasury licences: purposes)—U.K.

(a)in the heading, for “Treasury licences” substitute “ Financial sanctions licences ”;

(b)in the definition of “frozen funds or economic resources” in paragraph 1, for “the designation of that person for the purpose of that regulation” substitute “ that person being a designated person for the purposes of Part 3 (Finance) as defined in regulation 10 (meaning of “designated person” in Part 3) ”;

(c)in paragraph 6(b)(ii) (pre-existing judicial decisions etc.), for “United Kingdom” substitute “ Territory ”.

Commencement Information