The Russia (Sanctions) (Overseas Territories) (Amendment) (No. 3) Order 2022

Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020

14.  In paragraph 38—

(a)in paragraph (2) of the substituted text, for “regulations 11 to 17A” substitute “regulations 11 to 18B”;

(b)in paragraph (3) of the substituted text—

(i)omit the “and” after sub-paragraph (e);

(ii)in sub-paragraph (f), at the end insert “, and”;

(iii)after sub-paragraph (f), insert—

(g)in the case of acts which would otherwise be prohibited by regulation 18B (investments in relation to Russia), where the Governor considers that it is appropriate to issue the licence for a purpose set out in Part 3 of Schedule 5.