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PART 8Schedules

Amendments to Schedule 2B

42.  In Schedule 2B (potash, petroleum products and tobacco industry goods)—

(a)for the heading, substitute “Iron and steel products, potash, mineral products, and tobacco industry goods”;

(b)in paragraph 2—

(i)in the definition of “potash”, after paragraph (a) insert—

(aa)3104 20 50;;

(ii)after the definition of “potash”, insert—

iron and steel products” means any thing falling within the following commodity codes—

(a)

72;

(b)

73.

mineral products” means any thing falling within the following commodity codes—

(a)

2710;

(b)

2711;

(c)

2712;

(d)

2713;

(e)

2715;

(f)

2707.,

(iii)omit the definition of “petroleum products”.

New schedules 2C to 2G

43.  After Schedule 2B, insert the following Schedules, which are set out in the Schedule to these Regulations—

(a)Schedule 2C (critical-industry goods and technology);

(b)Schedule 2D (consumer communication devices);

(c)Schedules 2E (luxury goods);

(d)Schedule 2F (oil refining goods and technology);

(e)Schedule 2G (quantum computing and advanced materials goods and technology).

Amendments to Schedule 3

44.  In Schedule 3 (Treasury licences: purposes)—

(a)for paragraph 7, including the heading, substitute—

Diplomatic missions etc.

7.(1) To enable anything to be done in order that the functions of a diplomatic mission or consular post in Belarus or of an international organisation enjoying immunities in accordance with international law may be carried out.

(2) To enable anything to be done in order that the functions of a diplomatic mission or consular post of Belarus in the United Kingdom may be carried out.;

(b)after paragraph 10 insert—

Medical goods or services

10A.(1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

(3) In paragraphs (1) and (2), “medical goods” includes medicines and medical devices.

Food

10B.  To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.;

(c)for paragraph 14, including the heading, substitute—

Diplomatic missions etc.

14.(1) To enable anything to be done in order that the functions of a diplomatic mission or consular post in Belarus or of an international organisation enjoying immunities in accordance with international law may be carried out.

(2) To enable anything to be done in order that the functions of a diplomatic mission or consular post of Belarus in the United Kingdom may be carried out.;

(d)after paragraph 14, insert—

Medical goods or services

14A.(1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

(3) In paragraphs (1) and (2), “medical goods” includes medicines and medical devices.

Food

14B.  To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.;

(e)after paragraph 17, insert—

Medical goods or services

18.(1) To enable anything to be done in connection with the provision of medical goods or services for the benefit of the civilian population of a country.

(2) To enable the import, export or use of medical goods.

(3) In paragraphs (1) and (2), “medical goods” includes medicines and medical devices.

Food

19.  To enable anything to be done in connection with the production or distribution of food for the benefit of the civilian population of a country.

PART 4Foreign exchange reserve and asset management services

Humanitarian assistance activity

20.  To enable anything to be done in connection with the performance of any humanitarian assistance activity.

Financial regulation

21.(1) To enable anything to be done by, or on behalf of, a relevant financial authority for the purposes of the functions of that authority.

(2) In sub-paragraph (1), “relevant financial authority” means authorities involved in the regulation of financial services in the United Kingdom, including the Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England.

Financial stability

22.  To enable anything to be done by a person, following consultation by that person (or a person acting on their behalf) with the Bank of England, that is necessary or expedient in order to protect or enhance the stability of the financial system of the United Kingdom.

Safety and soundness of a firm

23.  To enable anything to be done by a person, following consultation by that person (or a person acting on their behalf) with the relevant supervising authority or authorities, that is necessary or expedient in order to promote the safety and soundness of a firm which is supervised by the Bank of England, the Prudential Regulation Authority or the Financial Conduct Authority.

Extraordinary situation

24.  To enable anything to be done to deal with an extraordinary situation..