British Overseas Territories is the only overseas territory that is part of the European Union (EU), although it is not part of the European Customs Union, the European Tax Policy, the European Statistics Zone or the Common Agriculture Policy. Gibraltar is not a member of the European Union in its own right. The Sovereign Base Areas in Cyprus are not part of the European Union, but they are the only British overseas territory to use the euro as official currency. None of the other Overseas Territories are members of the EU, the main body of EU law does not apply and, although certain
British National (Overseas) would enable them to apply for the Registered Traveller Service if they are in one of the eligible categories.” Prior to the enactment of European Union directive of 1932/2006, British Nationals (Overseas) were not included in the "Annex II" of Council Regulation (EC) No 539/2001, and hence needed a Schengen visa to visit the Schengen Area. Only British Nationals (Overseas) using Hong Kong SAR passports to enter Schengen Area could be exempted from obtaining a visa as HKSAR passport was included in the "Annex II". Under the European Union directive of 1932/2006, British Nationals (Overseas) were added to "Annex II"