Citation and commencement

1. These Regulations may be cited as the Offshore Asset Moves Penalty (Specified Territories) (Amendment) Regulations 2024.

2. These Regulations come into force on 12th December 2024.

Amendment of the Schedule to the Offshore Asset Moves Penalty (Specified Territories) Regulations 2015

3. The Schedule to the Offshore Asset Moves Penalty (Specified Territories) Regulations 2015( 2 ) is amended as follows—

(a) for “Netherlands (including Bonaire, St Eustice and Saba)” substitute “Netherlands (not including Bonaire, St Eustice and Saba),” ;

(b) omit “Russia,” and “Trinidad and Tobago,”; and

(c) in the appropriate place insert the following—

• “Albania,”,

• “Azerbaijan,”,

• “Ecuador,”,

• “Georgia,”,

• “Jamaica,”,

• “Kazakhstan,”,

• “Kenya,”,

• “Maldives,”,

• “Moldova,”,

• “New Caledonia,”,

• “Nigeria,”,

• “Oman,”,

• “Pakistan,”

• “Peru,”,

• “Taiwan,”,

• “Thailand,”,

• “Ukraine,”.