The Republic of Guinea-Bissau (Sanctions) (EU Exit) Regulations 2019
| Jurisdiction | UK Non-devolved |
| Citation | SI 2019/554 |
| Year | 2019 |
(1) These Regulations may be cited as the Republic of Guinea-Bissau (Sanctions) (EU Exit) Regulations 2019.(2) These Regulations come into force in accordance with regulations made under section 56 of the Act.In these Regulations— (1) A United Kingdom person may contravene a relevant prohibition by conduct wholly or partly outside the United Kingdom.(2) Any person may contravene a relevant prohibition by conduct in the territorial sea.regulation 9(2) (confidential information) ,Part 3 (Finance) , ora condition of a Treasury licence.(4) A United Kingdom person may comply, or fail to comply, with a relevant requirement by conduct wholly or partly outside the United Kingdom.(5) Any person may comply, or fail to comply, with a relevant requirement by conduct in the territorial sea.by or under Part 6 (Information and records) , or by reason of a request made under a power conferred by that Part, orby a condition of a Treasury licence.(7) Nothing in this regulation is to be taken to prevent a relevant prohibition or a relevant requirement from applying to conduct (by any person) in the United Kingdom.The purpose of the regulations contained in this instrument that are made under section 1 of the Act is to encourage the abandonment of actions that undermine the peace, security or stability of Guinea-Bissau. regulations 11 to 15 (Finance) ; andregulation 17 (Immigration) .(2) The Secretary of State may designate different persons for the purposes of F32different provisions mentioned in paragraph (1) .has reasonable grounds to suspect that that person is an involved person, andthe purpose stated in regulation 4, andthe likely significant effects of the designation on that person (as they appear to the Secretary of State to be on the basis of the information that the Secretary of State has) .is or has been involved in an activity that threatens the peace, security or stability of Guinea-Bissau;is owned or controlled directly or indirectly (within the meaning of regulation 7) by a person who is or has been so involved,is acting on behalf of or at the direction of a person who is or has been so involved, oris a member of, or associated with, a person who is or has been so involved.being responsible for, engaging in or promoting, any such activity;providing financial services, or making available funds or economic resources, that could contribute to any such activity;being involved in assisting the contravention or circumvention of any relevant provision.any provision of Part 3 (Finance) ;any provision of the law of a country other than the United Kingdom made for purposes corresponding to a purpose of any provision of Part 3 (Finance) .(5) Nothing in any sub-paragraph of paragraph (3) is to be taken to limit the meaning of any of the other sub-paragraphs of that paragraph.(1) A person who is not an individual (“C”) is “owned or controlled directly or indirectly” by another person (“P”) if either of the following two conditions is met (or both are met) .holds directly or indirectly more than 50% of the shares in C,holds directly or indirectly more than 50% of the voting rights in C, orholds the right directly or indirectly to appoint or remove a majority of the board of directors of C.(3) Schedule 1 contains provision applying for the purpose of interpreting paragraph (2) .(4) The
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