The Nicaragua (Sanctions) (Overseas Territories) Order 2020

Made: 11th March 2020

Laid before Parliament: 18th March 2020

Coming into force: 8th April 2020

At the Court at Buckingham Palace, the 11th day of March 2020

Present,

The Queen's Most Excellent Majesty in Council

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Citation, commencement and extent

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Application of the Order

2

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Interpretation

3

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PART 1 — Freezing of funds etc.

Dealing with funds and economic resources

4

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Credits to a frozen account

5

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Information relating to funds etc.

6

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PART 2 — General

Licences granted by the Governor

7

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Licences granted outside the Territory

8

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Claims for indemnity or under contract

9

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Requirement to publish a list of designated persons

10

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Evidence and information

11

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Functions of the Governor

12

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Circumvention and contravention of prohibitions

13

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Penalties

14

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Proceedings

15

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SCHEDULE 1 — Territories to which this Order extends

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SCHEDULE 2 — Modifications to article 14 in relation to the Falkland Islands, St Helena, Ascension and Tristan da Cunha, South Georgia and the South Sandwich Islands, and the Sovereign Base Areas of Akrotiri and Dhekelia in the Island of Cyprus

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2

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3

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SCHEDULE 3 — Evidence and information

Power to require information, documents or goods

1

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Search warrants

2

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Offences

3

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4

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5

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Exercise of powers: general

6

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Interpretation

7

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Signed

Richard Tilbrook — Clerk of the Privy Council

Explanatory note

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Footnotes

[^f00001]: 1833 c.85.

[^f00002]: 1887 c.54 and 1945 c.7.

[^f00003]: 2018 c.13.

[^f00004]: OJ No. L 262, 15.10.2019, p. 1.

[^f00005]: 2000 c.8; section 22 was amended by the Financial Services Act 2012 (c.21), section 7(1); the Financial Guidance and Claims Act 2018 (c.10), section 27(4); and S.I. 2018/135.

[^f00006]: Schedule 2 was amended by the Regulation of Financial Services (Land Transactions) Act 2005 (c.24), section 1; the Dormant Bank and Building Society Accounts Act 2008 (c.31), section 15 and Schedule 2, paragraph 1; the Financial Services Act 2012 (c.21), sections 7(2) to (5) and 8; the Financial Guidance and Claims Act 2018 (c.10), section 27(13); and S.I. 2013/1881; and it is prospectively amended by S.I. 2018/135 and S.I. 2019/632.

[^f00007]: S.I. 2001/544, as most recently amended by S.I. 2019/679 and prospectively amended by S.I. 2019/710.

• Anguilla

• British Antarctic Territory

• British Indian Ocean Territory

• Cayman Islands

• Falkland Islands

• Montserrat

• Pitcairn, Henderson, Ducie and Oeno Islands

• St Helena, Ascension and Tristan da Cunha

• South Georgia and the South Sandwich Islands

• The Sovereign Base Areas of Akrotiri and Dhekelia in the Island of Cyprus

• Turks and Caicos Islands

• Virgin Islands

Editorial notes