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The Iran (Sanctions) Regulations 2023
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- UK Statutory Instruments
- 2023 No. 1314
- PART 8
- Regulation 63
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Changes to legislation:
The Iran (Sanctions) Regulations 2023, Section 63 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Regulation 63:
- reg. 69(1)(j)-(m) inserted by S.I. 2024/1157 reg. 35(9)(a)
- reg. 69(6A)-(6H) inserted by S.I. 2024/1157 reg. 35(9)(b)
- reg. 69(8)(da) inserted by S.I. 2024/1157 reg. 35(9)(c)
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg. 69(1)(j)-(m) inserted by S.I. 2024/1157 reg. 35(9)(a)
- reg. 69(6A)-(6H) inserted by S.I. 2024/1157 reg. 35(9)(b)
- reg. 69(8)(da) inserted by S.I. 2024/1157 reg. 35(9)(c)
Licences: general provisionsU.K.
This section has no associated Explanatory Memorandum
63.—(1) This regulation applies in relation to Treasury licences, director disqualification licences, and trade licences.
(2) A licence must specify the acts authorised by it.
(3) A licence may be general or may authorise acts by a particular person or persons of a particular description.
(4) A licence may—
(a)contain conditions;
(b)be of indefinite duration or a defined duration.
(5) A person who issues a licence may vary, revoke or suspend it at any time.
(6) A person who [F1, on the application of a person (“P”),] [F2issues] a licence which authorises acts by a particular person [F3, or varies, revokes or suspends that licence,] must give written notice to [F4P] of the issue, variation, revocation or suspension of the licence.
(7) A person who issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description must take such steps as that person considers appropriate to publicise the issue, variation, revocation or suspension of the licence.
Textual Amendments
F1Words in reg. 63(6) inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 35(6)(a)
F2Word in reg. 63(6) substituted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 35(6)(b)
F3Words in reg. 63(6) inserted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 35(6)(c)
F4Word in reg. 63(6) substituted (5.12.2024) by The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/1157), regs. 1(2), 35(6)(d)
Commencement Information
I1Reg. 63 in force at 14.12.2023, see reg. 1(2)
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