(This note is not part of the Order)
This Order makes provision for the enforcement of new trade sanctions against Iran specified in Council Regulation (EU) No 1263/2012 (OJ No L 356, 22.12.2012, p34), which amends Regulation (EU) No 267/2012 concerning restrictive measures against Iran (the “Amending Iran Regulation”). It does so by amending the Export Control (Iran Sanctions) Order 2012 (SI 2012/1243) which makes provision for the enforcement of most of the current trade restrictions against Iran (the “Iran Order”).
The new measures include prohibitions on trade, technical assistance, financing, financial assistance or brokering on key naval equipment and technology, software for integrating industrial processes, graphite and certain specified raw or semi-finished metals and a ban on the trade of natural gas originating in Iran.
Article 2 amends the Iran Order to make provision for offences and penalties for contravention of most of the additional trade sanctions specified by the Amending Iran Regulation. There are already enforcement provisions in relation to the new prohibitions on the importation and exportation of goods in sections 50, 68 and 170 of the Customs and Excise Management Act 1979 (1979 c. 2).
A regulatory impact assessment has not been produced for this instrument as it has no or minimal impact on business, charities or voluntary bodies. A copy of the Explanatory Memorandum is published alongside this instrument on www.legislation.gov.uk. Further information is available from the Export Control Organisation, BIS, 1 Victoria Street, London SW1H 0ET and on BIS website (www.bis.gov.uk).
