The Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2023 No. 616

PART 3 Financial restrictions

Amendment of regulation 15A (dealing with transferable securities or money-market instruments)

6.  In regulation 15A—

(a) in paragraph (2B), for “by a relevant person” substitute—

“by—

(a) a relevant person;

(b) a person, other than an individual, acting on behalf or upon the direction of a person falling within any of sub-paragraphs (a) to (c) of the definition of relevant person in regulation 15D(1)”;

(b) in paragraph (2C)—

(i) in sub-paragraph (b), after “sub-paragraph (a)” for “.” substitute “; or”;

(ii) after sub-paragraph (b) insert—

“(c) a person, other than an individual, acting on behalf or at the direction of a person falling within sub-paragraph (a) or sub-paragraph (b).”.