This section has no associated Explanatory Memorandum
3. In regulation 3 (application of prohibitions and requirements outside the United Kingdom)—U.K.
(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”.
Commencement Information
I1Sch. 2 para. 3 in force at 15.1.2021, see art. 1(1)