1.—(1) These Regulations may be cited as the Iran (European Community Financial Sanctions) Regulations 2007 and come into force on 3rd May 2007.
(2) These Regulations extend to the United Kingdom.
(3) An offence may be committed under regulation 6, 7, 9 or 10 by any person in the United Kingdom or by any person elsewhere who is—
(a)a British citizen, a British overseas territories citizen, a British Overseas citizen, a British subject, a British National (Overseas) or a British protected person; or
(b)a body incorporated or constituted under the law of any part of the United Kingdom.