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The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022

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Regulations made by the Secretary of State, laid before Parliament under section 55(3) of the Sanctions and Anti-Money Laundering Act 2018, for approval by resolution of each House of Parliament within twenty-eight days beginning with the day on which the instrument is made, subject to extension for periods of dissolution or prorogation or during which both Houses are adjourned for more than four days.

Statutory Instruments

2022 No. 850

Exiting The European Union

Sanctions

The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022

Made

18th July 2022

Laid before Parliament

20th July 2022

Coming into force

21st July 2022

The Secretary of State, considering that the condition in section 45(2) of the Sanctions and Anti-Money Laundering Act 2018(1) is met, makes the following Regulations in exercise of the powers conferred by sections 1, 3(1)(b)(ii) and (d)(ii), 5, 15(2)(a) and (b), 17(2), 19, 20, 21(1), 45 and 54(1) and (2) of, and paragraphs 2(b), 3(a) and (b), 4(b), (c) and (d), 5(a)(ii) and (b), 6(a)(ii) and (b), 7(b), 11(a)(ii), 13(b), (c), (h), (i), (m), (n) and (q), 14(a), (e), and (k), 17(a), 19(a), 20(c) and (d), 23 and 27(2) of Schedule 1 to, that Act.

(1)

2018 c. 13 (“the 2018 Act”). The power to make regulations under Part 1 of the 2018 Act is conferred on an appropriate Minister. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State.

(2)

Section 17(5)(b)(i) (enforcement) is amended by the Sentencing Act 2020 (c. 17), Schedule 24, paragraph 443(1). Sections 1 and 45 are amended by the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), sections 57 and 62.

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