The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) Order 2017

Amendment of the principal Order

3.  In article 3(1)(1)—

(a) in the appropriate places, insert—

““the Committee” means the Committee of the United Nations Security Council established under paragraph 12 of the United Nations Security Council resolution 1718 adopted on 14th October 2006(2);”,

““copper, nickel, silver and zinc” means items listed in Annex Ih to the Council Regulation;”,

““designated vessel” means a vessel designated by the Committee pursuant to paragraph 12 of resolution 2321 (2016);”,

““helicopters and vessels” means items listed in Annex IIIb to the Council Regulation;”,

““real property” means land, buildings and parts therof, which are located outside the territory of North Korea;”,

““resolution 2321 (2016)” means United Nations Security Council resolution 2321 adopted on 30th November 2016(3);”, and

““statues” means items listed in Annex IIIa to the Council Regulation;”;

(b) for the definition of “financing or financial assistance”, substitute—

““financing or financial assistance” includes grants, loans, export credit insurance, insurance and reinsurance;”; and

(c) in the definition of “restricted goods”, insert—

“(d) other goods and technology listed in Annex III to resolution 2321 (2016); and

(e) any other item listed in a conventional arms dual-use list adopted pursuant to paragraph 7 of resolution 2321 (2016).”.

(1)

Article 3(1) was amended by S.I. 2013/1718, S.I. 2016/630, S.I. 2016/769 and S.I. 2016/991.

(2)

S/RES/1718 (2006).

(3)

S/RES/2321 (2016).