UK Offence Report

The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024

UK Statutory Instrument 2024 No. 218 — creates 2 criminal offences.

2offences created
0recorded in force
0revoked
Made
26 February 2024
In force from
1 March 2024
Extent
Not stated
Subject
International sanctions, export control and trade restrictions
Made under
Parliament under section 55(3) of the Sanctions and Anti-Money Laundering Act 2018, Sanctions and Anti-Money Laundering Act 2018

Explanatory note

(This note is not part of the Regulations) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.

These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (“the 2019 Regulations”). Regulation 2 creates new trade prohibitions in the 2019 Regulations relating to the import of certain diamonds which originate in Russia and are processed in a third country and ancillary activities relating to such imports. A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, public or voluntary sector is foreseen. A de minimis assessment has been prepared as this instrument is likely to entail some costs for businesses, but the net impact is estimated to be below £10 million per year.

Offences created by this instrument

What Parliament said about it

Contributions, debates and written statements mentioning this instrument by name. Parliamentary material is reused under the Open Parliament Licence v3.0.

How Parliament handled it

Both Houses had to approve this instrument before it could take effect, and did so.

Procedure
Made affirmative — both Houses had to approve it
Could either House amend it?
No. A statutory instrument is put to each House as a whole thing, to be approved or not. Neither House can change a word of it.

Procedural history

From Parliament's Statutory Instruments service. Parliamentary material is reused under the Open Parliament Licence v3.0.

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