SCHEDULE 2 Modifications to be made in the extension of the Lebanon (Sanctions) (EU Exit) Regulations 2020 to each British overseas territory listed in Schedule 1

12.  In regulation 17 (trade licences)—

(a) in paragraph (1), for “Secretary of State” substitute “Governor”;

(b) after paragraph (1), insert—

“(1A) The Governor may issue a licence under paragraph (1) only with the consent of the Secretary of State.”

(c) for paragraph (3), substitute—

“(3) Where the Governor issues a licence under paragraph (1), the Governor may, with the consent of the Secretary of State, vary, revoke or suspend it at any time.”

(d) in paragraphs (4) and (5), for “Secretary of State”, in each place it occurs, substitute “Governor”.