3.—(1) Regulation 12 of the Cross-Border Credit Transfers Regulations 1999 is amended as follows.
(2) For paragraph (2) substitute—
“(2) In this regulation “enactments relating to money laundering” means section 18 of the Terrorism Act 2000, section 340(11) of the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2003.”.