
1 
These Regulations may be cited as the Protection of Trading Interests (Authorisation) (Amendment) Regulations 2022.
2 
The Protection of Trading Interests (Authorisation) Regulations 2021 are amended as follows.
3 
For regulation 2 substitute—“
2. 
In these Regulations—
 “the Helms-Burton Act” means the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996;
 “the laws relating to Iran” means the laws of the United States of America specified in the Annex to Council Regulation (EC) No 2271/96 of 22 November 1996 protecting against the effects of the extra-territorial application of legislation adopted by a third country, and actions based thereon or resulting therefrom that relate to Iran as follows—
(a) the Iran Sanctions Act of 1996;
(b) the Iran Freedom and Counter-Proliferation Act of 2012;
(c) section 1245 of the National Defense Authorization Act for Fiscal Year 2012;
(d) section 2 and Titles I to VI of the Iran Threat Reduction and Syria Human Rights Act of 2012 to the extent it relates to Iran; and
(e) the Iranian Transactions and Sanctions Regulations.”.
4 
In regulation 3, for “the Schedule” in both places it occurs, substitute “Schedule 1”.
5 
After regulation 3 (Authorisation to comply with Title III of the Helms-Burton Act), insert—“
4. 
The person specified in Part 1 of Schedule 2 is, for the purpose specified in Part 2 of Schedule 2, authorised to comply with any requirement or prohibition based on or resulting from the laws relating to Iran.”.
6 
The existing Schedule becomes Schedule 1 (and, accordingly, for the heading “SCHEDULE” substitute the heading “SCHEDULE 1”).”
7 
After Schedule 1, (Authorisation to file motion to dismiss), as renumbered by these Regulations, insert—“
SCHEDULE 2
Regulation 4
PART 1
Three Crowns (Services) LLP.

PART 2
Complying with the licence issued by the Office of Foreign Assets Control on 22 March 2021 in which Three Crowns (Services) LLP is named as a licensee (licence number IA-2016-331681-3).
”.
Signed by authority of the Secretary of State for International Trade
Penny Mordaunt
Minister of State
Department for International Trade
At 9.35 a.m. on 10th May 2022