Sanctions and Asset-Freezing (Transitional Provisions) (Jersey) Regulations 2019

Sanctions and Asset-Freezing (Transitional Provisions) (Jersey) Regulations 2019

Made                                                                        27th March 2019

Coming into force                              in accordance with Regulation 2

THE STATES, in pursuance of Articles 1(4), 19(3) and 48(3) of the Sanctions and Asset-Freezing (Jersey) Law 2019[1], have made the following Regulations –

1        Amendment of Sanctions and Asset-Freezing (Jersey) Law 2019

In the Sanctions and Asset-Freezing (Jersey) Law 2019[2] –

(a)     in Article 1(1), in the definition “UK sanctions provision”, for “has the meaning” there is substituted “has, subject to paragraph (5), the meaning”;

(b)     after Article 1(4) there is inserted –

“(5)    For the purposes of this Law, other than of Articles 3 to 6, a UK sanctions provision includes –

(a)     a provision by virtue of which a person is a designated person under the Terrorist Asset-Freezing etc. Act 2010 of the UK; and

(b)     a provision made by an enactment of the UK under section 152 or 153 of the Policing and Crime Act 2017 of the UK.

(6)     Paragraph (5) ceases to have effect on whichever is the latest of the commencement of section 59(1) of the Sanctions and Anti-Money Laundering Act 2018 of the UK and the commencement of paragraph 8(4) of Schedule 3 to that Act.”;

(c)     in Article 19(1), after sub-paragraph (a), there is inserted –

“(aa)  at any time before the commencement of section 59(1) of the Sanctions and Anti-Money Laundering Act 2018 of the UK, is a person designated under section 2 or 6 of the Terrorist Asset-Freezing etc. Act 2010 of the UK;”.

2        Citation and commencement

These Regulations may be cited as the Sanctions and Asset-Freezing (Transitional Provisions) (Jersey) Regulations 2019 and come into force on the commencement of the Sanctions and Asset-Freezing (Jersey) Law 2019[3].

l.-m. hart

Deputy Greffier of the States

 


 



[1]                                    L.2/2019

[2]                                    L.2/2019

[3]                                    L.2/2019


Page Last Updated: 20 Feb 2020