The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026
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Change 1
17 Amendment of the Cyber (Sanctions) (EU Exit) Regulations 2020
(1) The Cyber (Sanctions) (EU Exit) Regulations 2020 are amended as follows. (2) In regulation 24 (“relevant firm”), for “10,000 euros”, in each place it occurs, substitute “£10,000”. (3) In regulation 36 (notices)— (a) after paragraph (3) insert— (3A) The notice may be given to the person by electronic means. ; (b) in paragraph (4) omit “, including by electronic means,”. (4) In Schedule 2 (Treasury licences: purposes)— (a) in paragraph 1 (interpretation), in sub-paragraph (1), in the definition of “frozen funds or economic resources”, omit the words from “, and” to the end; (b) for paragraph 9 (prior obligations), substitute— Prior obligations 9 To enable the satisfaction of an obligation of a designated person (whether arising under a contract, other agreement or otherwise), provided that— (a) the obligation arose before the date on which the person became a designated person, and (b) no payments are made to another designated person, whether directly or indirectly.
17 Amendment of the Cyber (Sanctions) (EU Exit) Regulations 2020
(1) The Cyber (Sanctions) (EU Exit) Regulations 2020 are amended as follows. (2) In regulation 24 (“relevant firm”), for “10,000 euros”, in each place it occurs, substitute “£10,000”. (3) In regulation 36 (notices)— (a) after paragraph (3) insert— (3A) The notice may be given to the person by electronic means. ; (b) in paragraph (4) omit “, including by electronic means,”. (4) In Schedule 2 (Treasury licences: purposes)— (a) in paragraph 1 (interpretation), in sub-paragraph (1), in the definition of “frozen funds or economic resources”, omit the words from “, and” to the end; (b) for paragraph 9 (prior obligations), substitute— Prior obligations 9 To enable the satisfaction of an obligation of a designated person (whether arising under a contract, other agreement or otherwise), provided that— (a) the obligation arose before the date on which the person became a designated person, and (b) no payments are made to another designated person, whether directly or indirectly.
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