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1.—(1) This Order may be cited as the Iran (Sanctions) (Overseas Territories) Order 2023 and comes into force on 14th December 2023.
(2) This Order extends to each British overseas territory listed in Schedule 1.
2. The Iran (Sanctions) Regulations 2023(1) as amended from time to time extend to each British overseas territory listed in Schedule 1 with the modifications specified in Schedule 2.
3. Subject to the modifications set out in paragraph (c), the following provisions of the Sanctions and Anti-Money Laundering Act 2018 extend to each British overseas territory listed in Schedule 1 for the purposes of the Iran (Sanctions) Regulations 2023 as modified and extended to the territories by this Order—
(a)section 44 (protection for acts done for purposes of compliance);
(b)section 52(3) (Crown application);
(c)section 53 (saving for prerogative powers), except that, in its application to a particular British overseas territory, the reference in subsection (1) of that section to the United Kingdom is to be read as a reference to that territory.
Ceri King
Deputy Clerk of the Privy Council
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