The Syria (Sanctions) (EU Exit) (Amendment) Regulations 2025
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Change 1
7 Amendments to regulation 19 (sale or purchase of bonds)
In regulation 19 (sale or purchase of bonds)— (a) in paragraph (1)— (i) for “Syrian bonds” substitute “Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (iii) for “after 19th January 2012” substitute “between 19th January 2012 and 8th December 2024”; (b) in paragraph (2)— (i) for “Syrian bonds” substitute “Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (iii) for “after 19th January 2012” substitute “between 19th January 2012 and 8th December 2024”; (c) in paragraph (3)— (i) for “issue Syrian bonds” substitute “sell or purchase Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (d) in paragraph (4)— (i) omit sub-paragraph (a); (ii) for sub-paragraph (b) substitute “a Syrian credit or financial institution”; (iii) in sub-paragraph (c) omit “(a) or”; (iv) in sub-paragraph (d) omit “(a),”; (e) in paragraph (7)— (i) for ““Syrian bonds”” substitute ““Assad regime bonds””; (ii) for “Syrian regime” substitute “Assad regime”; (f) after paragraph (7) insert— (8) For the purposes of this regulation, “Syrian credit or financial institution” means— (a) a credit or financial institution domiciled in Syria; or (b) a branch or subsidiary, wherever located, of a credit or financial institution domiciled in Syria. .
7 Amendments to regulation 19 (sale or purchase of bonds)
In regulation 19 (sale or purchase of bonds)— (a) in paragraph (1)— (i) for “Syrian bonds” substitute “Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (iii) for “after 19th January 2012” substitute “between 19th January 2012 and 8th December 2024”; (b) in paragraph (2)— (i) for “Syrian bonds” substitute “Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (iii) for “after 19th January 2012” substitute “between 19th January 2012 and 8th December 2024”; (c) in paragraph (3)— (i) for “issue Syrian bonds” substitute “sell or purchase Assad regime bonds”; (ii) for “Syrian regime” substitute “Assad regime”; (d) in paragraph (4)— (i) omit sub-paragraph (a); (ii) for sub-paragraph (b) substitute “a Syrian credit or financial institution”; (iii) in sub-paragraph (c) omit “(a) or”; (iv) in sub-paragraph (d) omit “(a),”; (e) in paragraph (7)— (i) for ““Syrian bonds”” substitute ““Assad regime bonds””; (ii) for “Syrian regime” substitute “Assad regime”; (f) after paragraph (7) insert— (8) For the purposes of this regulation, “Syrian credit or financial institution” means— (a) a credit or financial institution domiciled in Syria; or (b) a branch or subsidiary, wherever located, of a credit or financial institution domiciled in Syria. .
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