SCHEDULE 2Modifications to be made in the extension of the Guinea (Sanctions) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 1

3.

In regulation 3 (application of prohibitions and requirements outside the United Kingdom)—

(a)

in the heading, for “United Kingdom” substitute “Territory”;

(b)

in paragraphs (1) and (4), for “United Kingdom person” substitute “Territory person”;

(c)

in paragraphs (1), (4) and (7), for “United Kingdom” substitute “Territory”;

(d)

in paragraphs (2) and (5), after “in the territorial sea” insert “of the Territory”;

(e)

in paragraphs (3) and (6), for “Treasury licence” substitute “financial sanctions licence”;

(f)

at the end, insert—

“(8)

In this regulation—

“territorial sea of the Territory” means the territorial sea as defined in an enactment applicable in the Territory or, in the absence of such an enactment, the territorial sea adjacent to the Territory;

“Territory person” means, in relation to the Territory, a person who is—

(a)

an individual ordinarily resident in the Territory who is—

  1. (i)

    a British citizen, a British overseas territories citizen, a British National (Overseas) or a British Overseas citizen,

  2. (ii)
    a person who under the British Nationality Act 19815 is a British subject, or
  3. (iii)

    a British protected person within the meaning of that Act, or

(b)

a body incorporated or constituted under the law of any part of the Territory.”