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Article 1U.K.

This Regulation provides protection against and counteracts the effects of the extra-territorial application of the laws specified in the Annex of this Regulation, including regulations and other legislative instruments, and of actions based thereon or resulting therefrom, where such application affects the interests of persons, referred to in Article 11, engaging in international trade and/or the movement of capital and related commercial activities between the [F1United Kingdom] and [F2other] countries.

[F3The [F4Secretary of State may by regulations made by statutory instrument amend the Annex to this Regulation to add] laws, regulations or other legislative instruments of [F5other] countries having extraterritorial application and causing adverse effects F6..., and to delete laws, regulations or other legislative instruments when they no longer have such effects.]