PART 3Sanctions

CHAPTER 2Imposition of sanctions etc

Sanctions regulations

I157Streamlining process of making sanctions regulations

1

The Sanctions and Anti-Money Laundering Act 2018 (referred to in this Chapter as the “2018 Act”) is amended as follows.

2

In section 1 (power to make sanctions regulations) omit subsection (4).

3

Omit section 2 (additional requirements for regulations for a purpose within section 1(2)).

4

In section 45 (revocation and amendment of regulations under section 1)—

a

in subsection (2)—

i

omit the “and” at the end of paragraph (a);

ii

omit paragraph (b);

b

omit subsections (3) to (5);

c

in subsection (6) omit “, section 2”.