Source: http://www.legislation.gov.uk/ukpga/2018/13/part/3/enacted
Timestamp: 2018-06-25 10:20:08
Document Index: 707051300

Matched Legal Cases: ['art 1', 'art 1', 'arts 1', 'art 2', 'art 1', 'art 1']

52Crown application
(1)Regulations under section 1 or 49 may make provision binding the Crown.
(2)The regulations may not provide for the Crown to be criminally liable.
(3)Nothing in this Act affects Her Majesty in Her private capacity (within the meaning of the Crown Proceedings Act 1947).
53Saving for prerogative powers
(1)Nothing in this Act affects any power to exclude a person from the United Kingdom by virtue of the prerogative of the Crown.
(2)Nothing in this Act affects any power exercisable in relation to ships by virtue of the prerogative of the Crown.
55Parliamentary procedure for regulations
(1)Subsection (3) applies to a statutory instrument which—
(a)contains non-UN regulations under section 1 (see subsection (7)),
(b)does not contain any UN regulations under that section, and
(c)is not a statutory instrument mentioned in subsection (5)(a) to (d).
(2)Subsection (3) also applies to a statutory instrument which contains only regulations under section 49 which make new provision about high-risk countries (see subsection (9)).
(3)A statutory instrument to which this subsection applies—
(b)if not approved by a resolution of each House of Parliament before the end of 28 days beginning with the day on which it is made, ceases to have effect at the end of that period (but without that affecting anything done under the regulations or the power to make new regulations).
(4)In calculating a period of 28 days for the purposes of subsection (3), no account is to be taken of any time during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days.
(a)regulations under section 1 that repeal, revoke or amend any provision of primary legislation,
(b)regulations under section 47,
(c)regulations under section 48, or
(d)regulations under section 49,
This subsection does not apply to a statutory instrument to which subsection (3) applies by virtue of subsection (2).
(6)A statutory instrument containing regulations under this Act which is not—
(a)a statutory instrument to which subsection (3) applies,
(b)a statutory instrument mentioned in subsection (5)(a) to (d),
(c)a statutory instrument containing only regulations under section 56, or
(d)a statutory instrument containing only regulations under section 64,
(7)In subsection (1) “UN regulations” means regulations under section 1 that—
(a)are regulations the stated purpose of which, or one of the stated purposes of which, is compliance with a UN obligation, or
(b)amend regulations under section 1 the stated purpose of which, or one of the stated purposes of which, is compliance with a UN obligation,
and “non-UN regulations” means any regulations under section 1 which are not UN regulations.
(8)For the purposes of subsection (7), a purpose is a “stated purpose” of regulations under section 1 if it is stated under section 1(3) in the regulations.
(9)For the purposes of subsection (2), regulations under section 49 “make new provision about high-risk countries” if they add or remove an entry in a list of countries in relation to which enhanced customer due diligence measures are required to be taken by virtue of—
(a)the Money Laundering Regulations 2017 (S.I. 2017/692), or
(b)regulations under section 49.
(10)In this section “primary legislation” means—
56Regulations under section 1: transitory provision
(1)If the appropriate Minister making a statutory instrument containing (whether alone or with other provision) any regulations under section 1 considers it is appropriate to do so in consequence of, or otherwise in connection with, the withdrawal of the United Kingdom from the EU, the instrument may provide that it comes into force, or that any provision of regulations contained in the instrument comes into force, on such day as that Minister may by regulations under this section appoint.
(2)Any power of an appropriate Minister to appoint a day under this section includes—
(a)a power to appoint different days for different purposes, and
(b)a power to appoint a time on a day if that Minister considers it appropriate to do so (including a time that has effect by reference to the coming into force of any other enactment).
(3)Any power under this section to make regulations is exercisable by statutory instrument.
(4)Subsection (5) applies in the case of a statutory instrument—
(a)which contains provision by virtue of subsection (1) of this section, and
(b)to which section 55(3) applies by virtue of subsection (1) of that section.
(a)the reference in section 55(3)(b) to the day on which the statutory instrument is made is to be read as a reference to the first day on which any provision of the regulations contained in the instrument comes into force for any purpose in accordance with regulations under this section, and
(b)any reference in section 55(3) or (4) to 28 days is to be read as a reference to 60 days.
(6)In this section “enactment” includes an enactment mentioned in any of paragraphs (a) to (d) of section 54(6).
57Duties to lay certain reports before Parliament: further provision
58Retained EU rights
59Consequential amendments and repeals
(1)Part 1 of the Terrorist Asset-Freezing etc Act 2010 is repealed, except for—
(a)paragraphs 1 to 5 of Schedule 1 to that Act (amendments of rules of court), and
(b)section 45(1) of that Act so far as it introduces that Schedule.
(2)Neither paragraphs 1 to 5 of Schedule 1 to that Act, nor the exception of those paragraphs from the repeal made by subsection (1), affects any power to amend or revoke any provision of—
(a)the Rules of the Court of Judicature (Northern Ireland) 1980 (S.R. 1980/346), or
(b)the Civil Procedure Rules 1998 (S.I. 1998/3132)).
(3)Subsection (1) does not affect the power in section 54 of the Terrorist Asset-Freezing etc Act 2010 to make provision by Order in Council extending to any of the Channel Islands, the Isle of Man or any British overseas territory.
(4)Part 1 of Schedule 3 contains amendments consequential on Parts 1 and 2 of this Act.
(5)Part 2 of Schedule 3 contains repeals and other provision consequential on subsection (1).
60Meaning of “funds”, “economic resources” and “freeze”
61Meaning of “financial services” and “financial products”
(1)In this Act “financial services” means any service of a financial nature, including (but not limited to)—
(iv)payment and money transmission services (including credit, charge and debit cards, travellers’ cheques and bankers’ drafts);
(vi)financial trading (as defined in subsection (2));
(2)In subsection (1)(b)(vi), “financial trading” means trading for own account or for account of customers, whether on an investment exchange, in an over-the- counter market or otherwise, in financial products.
(3)In this Act “financial products” means—
62Interpretation
“appropriate Minister” is to be read in accordance with section 1(9);
“country” includes any territory, region or other place;
“designation power” has the meaning given by section 10(1);
“economic resources” has the meaning given by section 60(2);
“financial products” has the meaning given by section 61(3);
“financial services” has the meaning given by section 61(1);
“freeze”, in relation to funds or economic resources, has the meaning given by section 60(3) and (4);
“funds” has the meaning given by section 60(1);
“international obligation” has the meaning given by section 1(8);
“person” has the meaning given by section 9(5);
“prescribed”, in any provision relating to regulations, means prescribed by the regulations;
“retained direct EU legislation” has the same meaning as in the European Union (Withdrawal) Act 2018;
“retained EU law” has the same meaning as in that Act;
“the Security Council” means the Security Council of the United Nations;
“the territorial sea” (without more) means the territorial sea adjacent to the United Kingdom;
“UN obligation” has the meaning given by section 1(8);
“UN Security Council Resolution” has the meaning given by section 1(8).
(2)Any reference in this Act to a person named “for the purposes of” a UN Security Council Resolution so far as it provides for the taking of particular measures includes any person who, by virtue of—
(a)being named for any purposes by the Security Council or a subsidiary organ of the Security Council, and
(b)the terms of the resolution,
is a person in relation to whom the resolution provides for the measures to be taken.
(3)Any reference in this Act to ships designated “for purposes of” a UN Security Council Resolution which provides for the taking of measures in relation to ships includes any ship which, by virtue of—
(a)being designated for any purposes by the Security Council or a subsidiary organ of the Security Council, and
is a ship in relation to which the resolution provides for the measures to be taken.
(4)Regulations under section 1 may make provision as to the meaning of any reference in the regulations to funds, economic resources or technology (or a particular description of funds, economic resources or technology) being—
(a)owned by a person,
(b)held by a person,
(c)controlled by a person, or
(d)made available to or for the benefit of a person.
(5)Regulations under section 1 may make provision as to the meaning of any reference in the regulations to a person “owning” or “controlling” another person.
(6)Regulations under section 1 may make provision as to the connection that is required between—
(a)a person, or a person of a prescribed description, and
(b)a country,
in order for the person to be regarded as “connected with” that country for the purposes of any provision of the regulations.
(1)Subject to the following provisions of this section, this Act extends to England and Wales, Scotland and Northern Ireland.
(2)Any amendment or repeal made by Schedule 3 of any provision of —
(a)the Senior Courts Act 1981,
(b)the Crime and Courts Act 2013, or
(c)the Charities Act 2011,
does not extend to Scotland or Northern Ireland.
(3)Her Majesty may by Order in Council provide for any of the provisions of Part 1, section 51 and this Part, or any regulations under Part 1 (whether made before or after the making of the Order in Council), to extend with or without modifications to—
(4)The power conferred by subsection (3), so far as relating to regulations, includes power to provide for the regulations as amended from time to time to extend as mentioned in that subsection.
(5)Her Majesty may by Order in Council provide for the repeal in section 59(1) (repeal of provisions of the Terrorist Asset-Freezing etc Act 2010) to extend to—
(6)The power under section 36 of the Immigration Act 1971 may be exercised so as to extend to any of the Channel Islands or the Isle of Man any amendment made by this Act of any part of that Act (with or without modifications).
(7)The power under section 272(6) of the Investigatory Powers Act 2016 may be exercised so as to extend to the Isle of Man or any of the British overseas territories any amendment made by this Act of any part of that Act (with or without modifications).
64Commencement
(b)section 50;
(c)sections 52 to 56;
(d)sections 60 to 63;
(2)The remaining provisions of this Act come into force on such day as the Secretary of State may by regulations appoint.
(5)Any power under this section to make regulations is exercisable by statutory instrument.
This Act may be cited as the Sanctions and Anti-Money Laundering Act 2018.