SCHEDULE 2Modifications to be made in the extension of the Libya (Sanctions) (EU Exit) Regulations 2020 to each British overseas territory listed in Schedule 1
3.
In regulation 3 (application of prohibitions and requirements outside the United Kingdom)—
(a)
in the heading, for “United Kingdom” substitute “Territory”;
(b)
in paragraphs (1) and (4), for “United Kingdom person” substitute “Territory person”;
(c)
in paragraphs (1), (4) and (7), for “United Kingdom” substitute “Territory”;
(d)
in paragraphs (2) and (5), after “in the territorial sea” insert “of the Territory”;
(e)
in paragraphs (3) and (6), for “Treasury licence” substitute “financial sanctions licence”.