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The Iran (European Union Financial Sanctions) Regulations 2016

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21.—(1) Any licence which was granted by the Treasury under—

(a)regulation 10 of the Iran (European Community Financial Sanctions) Regulations 2007(1),

(b)regulation 9 of the Iran (European Union Financial Sanctions Regulations 2010(2), or

(c)regulation 9 of the Iran (European Union Financial Sanctions) Regulations 2012,

and was in effect immediately before coming into force of these Regulations shall have effect as if it were a license granted by the Treasury under regulation 9 of these Regulations.

(2) The repeal by these Regulations of paragraph (af) of section 63(1) of the Counter-Terrorism Act 2008 does not affect the continued operation of that paragraph in relation to any decision of the Treasury made before the coming into force of these Regulations.

(1)

S.I. 2007/1374, revoked by S.I. 2010/2937 with savings

(2)

S.I. 2010/2937, revoked by S.I. 2012/925 with savings

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