The Iran (Sanctions) (Overseas Territories) Order 2016

Licences related to article 10

11.—(1) The Governor may, with the consent of the Secretary of State, grant a licence authorising an activity that would otherwise be prohibited under article 10.

(2) A person is not guilty of an offence under article 10 in respect of anything done under the authority of a licence granted by the Governor.

(3) A licence may not be granted authorising the supply, sale, transfer or export to Iran of equipment referred to in paragraph 2(c), subparagraph 1 of Annex B to resolution 2231 (2015) for light water reactors unless the Governor is satisfied—

(a) requirements, as appropriate, of the Guidelines referred to in paragraph 22(c) of resolution 2231 (2015) have been met; and

(b) the Governor has obtained, and is in a position to exercise effectively, a right to verify the end-use and end-use location of any supplied item.

(4) A licence for any activity to which this paragraph applies may not be granted unless the Governor is satisfied—

(a) all activities are undertaken strictly in accordance with the JCPOA;

(b) requirements, as appropriate, of the Guidelines referred to in paragraph 22(c) of resolution 2231 (2015) have been met; and

(c) the Governor has obtained, and is in a position to exercise effectively, a right to verify the end-use and end-use location of any supplied item.

(5) Paragraph (4) applies to activities mentioned in article 10(1) to (4) that are directly related to—

(a) the modification of two cascades at the Fordow facility for stable isotope production;

(b) the export of Iran’s enriched uranium in excess of 300 kilograms in return for natural uranium; or

(c) the modernisation of the Arak reactor based on the agreed conceptual design and, subsequently, the agreed final design of such reactor.