Regulation 72 Transitional provisions: prior obligations
(1) Where -
(a) a person was named in Annex II of the EU South Sudan Regulation immediately before the relevant date, and
(b) the person is a designated person immediately before the relevant date,
any reference in a provision mentioned in paragraph (3) to the date on which a person became a designated person is a reference to the original listing date.
(2) Where, immediately before the relevant date, a person was named by the Security Council or the Committee for the purposes of paragraph 12 of resolution 2206, any reference in a provision mentioned in paragraph (3) to the date on which a person became a designated person is to be read as a reference to the date on which the person was so named.
(3) The provisions referred to in paragraphs (1) and (2) are -
(a) regulation 31(5) (finance: exceptions from prohibitions), and
(b) paragraphs 6(b)(i) and 7(a) of Schedule 2 (Treasury licences: purposes).