(This note is not part of the Order)

This Order extends with modifications the Iraq (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/707) ("the Iraq Regulations") as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements).

Section 63(3)(c) of the Sanctions and Anti-Money Laundering Act 2018 (c.13) ("the Sanctions Act") provides that Her Majesty may by Order in Council provide for any provision of Part 1 of that Act, or any regulations under Part 1 of that Act, to extend with or without modifications to any of the British overseas territories. Section 63(4) provides that this includes the power to extend any regulations as amended from time to time.

The Iraq Regulations were made under Part 1 of the Sanctions Act to establish a sanctions regime in relation to Iraq for the purpose of compliance with the United Kingdom's United Nations obligations. Those obligations include sanctions measures in UN Security Council resolution 1483 adopted by the Security Council on 22 May 2003 as those measures have been revised and updated by subsequent resolutions. The Iraq Regulations replace the European Union sanctions regime in relation to Iraq implemented via an EU Council Common Position and Regulation.