The Protection of Trading Interests (Authorisation) (Amendment) Regulations 2025
The Protection of Trading Interests (Authorisation) (Amendment) Regulations 2025 amend the 2021 Regulations by extending an existing authorization for Three Crowns (Services) LLP to comply with Council Regulation (EC) No 2271/96 until March 31, 2027.
The regulations came into force on February 28, 2025, and apply across the UK. A full impact assessment was deemed unnecessary due to the lack of anticipated effects on the public or private sectors.
Arguments For
Extending necessary authorization: The extension allows Three Crowns (Services) LLP to continue operating within the parameters set by the 2021 Regulations, ensuring business continuity and preventing potential disruptions.
Maintaining legal compliance: The amendment ensures continued compliance with Council Regulation (EC) No 2271/96, avoiding potential legal penalties or sanctions for non-compliance.
Minimizing economic disruption: By enabling continued operation, the extension prevents potential economic disruption to the entity and potentially related businesses, maintaining economic stability.
Evidence-based decision: The extension likely follows a review of Three Crowns (Services) LLP's activities and circumstances, providing evidence that the authorization remains necessary.
Arguments Against
Potential for unintended consequences: Extending the authorization without a comprehensive review might risk overlooking unforeseen circumstances or potential misuses of the authorization.
Lack of transparency: The absence of a full impact assessment, although the lack of foreseen impact is stated, could lead to concerns about the lack of transparency surrounding the decision-making process.
Resource allocation: The resources spent on reviewing and amending the regulations could potentially be used for more pressing matters.
Alternative solutions: Other solutions might have been explored to ensure legal compliance without relying on regulatory amendments. Perhaps a more streamlined process for future authorization.
Citation, commencement and extent 1.
(1)
These Regulations may be cited as the Protection of Trading Interests (Authorisation) (Amendment) Regulations 2025.
(2)
These Regulations come into force on 28th February 2025.
(3)
These Regulations extend to England and Wales, Scotland and Northern Ireland.
This section details the citation, effective date, and geographic scope of the regulations.
The regulations are officially titled the 'Protection of Trading Interests (Authorisation) (Amendment) Regulations 2025', came into effect on February 28, 2025, and apply across England, Wales, Scotland, and Northern Ireland.
Amendment of the Protection of Trading Interests (Authorisation) Regulations 2021 2.
(1)
The table in the Schedule to the Protection of Trading Interests (Authorisation) Regulations 2021 is amended as follows.
(2)
In row 2, relating to Three Crowns (Services) LLP, in the entry in the column headed “Authorised Purpose”, in the first line, for “31 March 2025” substitute “31 March 2027”.
This section describes the specific amendment made to the Protection of Trading Interests (Authorisation) Regulations 2021.
The amendment changes the expiry date of an authorization for Three Crowns (Services) LLP from March 31, 2025, to March 31, 2027.
This extension is detailed within a table in the schedule of the original regulations.
Signed by authority of the Secretary of State for Business and Trade
Douglas Alexander Minister of State for Trade Policy and Economic Security Department for Business and Trade 26th February 2025
This section shows the signatory information, confirming the regulations' approval by the appropriate authority.
Douglas Alexander, Minister of State for Trade Policy and Economic Security in the Department for Business and Trade, signed the regulations on February 26, 2025.
EXPLANATORY NOTE (This note is not part of the Regulations)
These Regulations amend the Protection of Trading Interests (Authorisation) Regulations 2021 (S.I. 2021/132) (“the 2021 Regulations”).
The 2021 Regulations authorise compliance by specified persons, for specified purposes, with requirements or prohibitions referred to in the first paragraph of Article 5 of 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 (EUR 1996/2271).
Regulation 2 extends an existing authorisation for Three Crowns (Services) LLP from 31 March 2025 to 31 March 2027.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
The explanatory note provides context and summarizes the key changes without forming part of the legal text itself.
It clarifies that the amendments pertain to the 2021 regulations, focusing on extending an existing authorization for Three Crowns (Services) LLP. A full impact assessment was not deemed necessary due to the absence of any significant effects anticipated on the public or private sector.
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