Sanctions
and Asset-Freezing (Implementation of External Sanctions) (Exceptions and
Licences – Amendment) (Jersey) Order 2022
Made 25th July 2022
Coming into
force 26th July 2022
1 Article 2 (effect given to UK sanctions instruments subject to
modifications) of the Sanctions and
Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021
amended
In Article 2(a) of
the Sanctions and
Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 after “3(3),” there is inserted “3(3A),”.
2 Article 3 (asset-freeze
designation and licences) of the Sanctions and Asset-Freezing (Implementation
of External Sanctions) (Jersey) Order 2021 amended
In Article 3 of the Sanctions and
Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 –
(a) in the heading to the
Article, for “Asset-freeze designation and” there is substituted “Asset-freezes:
designations, exceptions and”;
(b) in paragraph (2)(a) for
“paragraph (3)” there is substituted “paragraphs (3) and (3A)”;
(c) for paragraph (3)
there is substituted –
“(3) If
a UK asset-freezing provision is a UK exception provision, it has effect solely
as an exception, under Article 15(3A) of the Law, to the corresponding
Part 3 prohibition.
(3A) If
a UK asset-freezing provision is a UK licence provision, it has effect solely
as a ground for the granting of a licence, under Article 16(3A)(b) of the
Law, in relation to the corresponding Part 3
prohibition.
(3B) For
the purpose of paragraphs (3) and (3A), and without limiting Schedule 2,
a UK exception provision and a UK licence provision are to be read with any
necessary modification for their application to Jersey, including in particular
by reading a reference to an office or officer in the UK as a reference to an
office or officer in Jersey that performs an equivalent function.
(3C) In
paragraphs (3) and (3A) “corresponding Part 3 prohibition” means the
prohibition in Part 3 of the Law that corresponds to the UK asset-freezing
provision that is the prohibition to which the UK exception provision or UK
licence provision relates.
(3D) In
paragraphs (3) to (3C) “UK exception provision” and “UK licence provision”
have the meanings given by Article 3(10)(a) and (b) of the Law.”.
3 Citation and commencement
This Order may be cited as the Sanctions and Asset-Freezing
(Implementation of External Sanctions) (Exceptions and Licences – Amendment)
(Jersey) Order 2022 and comes into force on the day after it is made.
Deputy P.F.C. Ozouf of St.
Saviour
Minister for External Relations and Financial Services