Original: The 14 Territories The name '' British overseas territory '' was introduced by the British Overseas Territories Act 2002 , and replaced the name British-Dependent Territory , which was introduced by the British Nationality Act 1981 .
Simplified: The name '' British Overseas Territory '' was introduced by the British Overseas Territories Act 2002 , and replaced the name British dependent territory which was introduced by the British Nationality Act 1981 .