The Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022

Amendment of regulation 71 (“relevant firm”)

This section has no associated Explanatory Memorandum

17.  In regulation 71—

(a)in paragraph (1)(d)—

(i)after sub-paragraph (iii), omit “or”;

(ii)in sub-paragraph (iv), omit “trust or”;

(iii)after sub-paragraph (iv), insert “or” and—

(v)trust services;;

(b)in paragraph (2)—

(i)in the opening words, omit “trust or”;

(ii)omit sub-paragraph (d)(i) and the “or” following it;

(c)in paragraph (3), after the definition of “firm” insert—

trust services” has the meaning given in regulation 18C(7) (trust services).