(2) Where a person’s conduct in a relevant country would, in the absence of this  paragraph, contravene a prohibition in any of regulations 11 to 15 or Chapters 2 to 5 of Part  5 (“the relevant prohibition”), the relevant prohibition is not contravened if the conduct is  authorised by a licence or other authorisation which is issued—  21.  For regulation 43 (exception for acts done for purposes of national security or prevention of  serious crime), substitute—  “ 43. —(1) Where an act would, in the absence of this paragraph, be prohibited by the  prohibition in regulation 9(2) (confidentiality) or any prohibition in Part 3 (Finance) or Part  5 (Trade), that prohibition does not apply to the act if the act is one which—  (2) Where, in the absence of this paragraph, a thing would be required to be done under or  by virtue of a provision of Part 7 (Information and records) or Part 9 (Maritime  enforcement), that requirement does not apply if—  (3) In this regulation, “responsible officer” means a person in the service of the Crown or  holding office under the Crown in the United Kingdom, acting in the course of that person’s  duty.”  22.  For regulation 44 (Treasury licences), substitute—  44. —(1) The prohibitions in regulations 11 to 15 (asset-freeze etc.) do not apply to  anything done under the authority of a licence issued by the Governor under this paragraph.  (2) The Governor may issue a financial sanctions licence only with the consent of the  Secretary of State.  (3) The Governor may issue a financial sanctions licence which authorises acts by a  particular person only where the Governor considers that it is appropriate to issue the  licence for a purpose set out in Schedule 4.”  8 “ Financial sanctions licences  (a) under the law of the relevant country, and  (b) for the purpose of disapplying a prohibition in that jurisdiction which corresponds  to the relevant prohibition.  (3) In this regulation—  “relevant country” means—  (a) any of the Channel Islands,  (b) the Isle of Man, or  (c) any British overseas territory other than the Territory.”  (a) a responsible officer has determined would be in the interests of—  (i) national security, or  (ii) the prevention or detection of serious crime in the United Kingdom or  elsewhere, or  (b) the Governor, with the consent of the Secretary of State, has determined would be  in the interests of the prevention or detection of serious crime in the Territory.  (a) a responsible officer has determined that not doing the thing in question would be  in the interests of—  (i) national security, or  (ii) the prevention or detection of serious crime in the United Kingdom or  elsewhere, or  (b) the Governor, with the consent of the Secretary of State, has determined that not  doing the thing in question would be in the interests of the prevention or detection  of serious crime in the Territory. 