Designated persons3.
(1)
The direction in article 4 is given in relation to transactions or business relationships with the following persons (referred to in that article as “designated persons”)—
(a)
Bank Mellat, whose head office is located at No. 327 Taleghani Avenue, Tehran 15817 Iran;
(b)
Islamic Republic of Iran Shipping Lines (“IRISL”), whose address is No.37, Aseman Tower, Sayyade Shirazee Square, Pasdaran Avenue, Tehran, Iran;
(c)
a branch of Bank Mellat or IRISL.
(2)
In paragraph (1), “branch” means a place of business of a person, other than its head office, which has no legal personality separate from that person, and which carries out directly all or some of the transactions inherent in that person’s business.