SCHEDULE 2Modifications to be made in the extension of the Iran (Sanctions) Regulations 2023 to each British overseas territory listed in Schedule 1
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In regulation 98 (transitional provisions: Treasury licences)—
a
in the heading, for “Treasury licences” substitute “financial sanctions licences”
;
b
in paragraphs (1), (3), (4) and (5), for “the 2019 Regulations”, at each place it occurs, substitute “the modified 2019 Regulations”
;
c
in paragraph (1) and (2), for “Treasury” substitute “Governor”
;
d
in paragraphs (2) and (6), for “(Treasury licences)” substitute “(financial sanctions licences)”
.