Overseas Territories Citation, commencement and extent 1 1 This Order may be cited as the Russia (Sanctions) (Overseas Territories) (Amendment) Order 2021 and comes into force on 11th March 2021. 2 This Order extends to each British overseas territory listed in the Schedule. Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020 2 1 The Russia (Sanctions) (Overseas Territories) Order 2020 is amended as follows. 2 In Schedule 2 (modifications to be made in the extension of the Russia (Sanctions) (EU Exit) Regulations 2019 to each British overseas territory listed in Schedule 1), for paragraph 55 substitute— 55 For regulation 80 (penalties for offences) substitute— 80 1 Paragraphs (3) to (7) apply to— a Anguilla; b British Antarctic Territory; c British Indian Ocean Territory; d Cayman Islands; e Montserrat; f Pitcairn, Henderson, Ducie and Oeno Islands; g Turks and Caicos Islands; h Virgin Islands. 2 Paragraphs (8) to (12) apply to— a Falkland Islands; b St Helena, Ascension and Tristan da Cunha; c South Georgia and the South Sandwich Islands; d the Sovereign Base Areas of Akrotiri and Dhekelia in the Island of Cyprus. 3 A person who commits an offence under any provision of Part 3 (Finance), Part 6 (Ships) or regulation 67 (finance: licensing offences) is liable— a on summary conviction, to imprisonment for a term not exceeding 6 months, or a fine not exceeding £5,000 or its equivalent in the currency of the Territory, or both; b on conviction on indictment, to imprisonment for a term not exceeding 7 years, or a fine, or both. 4 A person who commits an offence under any provision of Part 5 (Trade) is liable— a on summary conviction, to imprisonment for a term not exceeding 6 months, or a fine not exceeding £5,000 or its equivalent in the currency of the Territory, or both; b on conviction on indictment, to imprisonment for a term not exceeding 10 years, or a fine, or both. 5 A person who commits an offence under regulation 9(6) (confidentiality), 68, 76(6) or 77(5) (offences in connection with trade licences) is liable— a on summary conviction, to imprisonment for a term not exceeding 6 months, or a fine not exceeding £5,000 or its equivalent in the currency of the Territory, or both; b on conviction on indictment, to imprisonment for a term not exceeding 2 years, or a fine, or both. 6 A person who commits an offence under regulation 70(6) or 74 (information offences in connection with Part 3) is liable, on summary conviction, to imprisonment for a term not exceeding 6 months, or a fine not exceeding £5,000 or its equivalent in the currency of the Territory, or both. 7 A person who commits an offence under regulation 75A (trade: information offences) is liable, on summary conviction, to a fine not exceeding £1,000 or its equivalent in the currency of the Territory. 8 A person who commits an offence under any provision of Part 3 (Finance), Part 6 (Ships) or regulation 67 (finance: licensing offences) or Part 6 (Ships) is liable on conviction to imprisonment for a term not exceeding 7 years, or a fine, or both. 9 A person who commits an offence under any provision of Part 5 (Trade) is liable on conviction to imprisonment for a term not exceeding 10 years, or a fine, or both. 10 A person who commits an offence under regulation 9(6) (confidentiality), 68, 76(6) or 77(5) (offences in connection with trade licences) is liable on conviction to imprisonment for a term not exceeding 2 years, or a fine, or both. 11 A person who commits an offence under regulation 70(6) or 74 (information offences in connection with Part 3) is liable on conviction to imprisonment for a term not exceeding 6 months, or a fine not exceeding £5,000 or its equivalent in the currency of the Territory, or both. 12 A person who commits an offence under regulation 75A (trade: information offences) is liable on conviction to a fine not exceeding £1,000 or its equivalent in the currency of the Territory. 13 Where a fine in this regulation is expressed to be a sum in sterling or its equivalent in the currency of the Territory, the Governor may issue guidance specifying how to calculate the amount in the currency of the Territory which is to be considered equivalent to that sum in sterling. Ceri King Deputy Clerk of the Privy Council