The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2016
1Citation, commencement, interpretation and extent
2Amendment of the principal Order
3In article 3(1)— (a) in the appropriate places, insert— “investment...
4In the heading to article 7, for “and gold and...
5In article 7, for paragraphs (3) to (5), substitute—
6In article 10(1) for “article 7(3) or (5)” substitute “article...
7For article 10G, substitute— (1) A credit or financial institution (“P”) commits an offence...
8For article 10J, substitute— (1) It is an offence for a person (“P”) to...
9After article 10K, insert— Investment in commercial activity (1) A person (“P”) commits an offence if P accepts...
10In article 11— (a) in paragraph (1), for “or 10K(1)”...
11In article 12, for “or 10K(1)” substitute “, 10J, 10K(1)...
12After article 12, insert— Claims for indemnity or under contract...
13For article 13 substitute— Requirement to publish list of designated...
14In article 16(a), for “to 10K” substitute “to 10P”.
15In article 17(2), after “10K” insert “, 10L, 10M, 10N,...
16In Schedule 2— (a) in the heading above paragraph 2,...
17In Schedule 3, in paragraph 1(3) after “10K, ” insert...

2016 No. 769

Overseas Territories

The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2016

Made

Laid before Parliament

Coming into force

At the Court at Buckingham Palace, the 13th day of July 2016

Present,

The Queen’s Most Excellent Majesty in Council

Under article 41 of the Charter of the United Nations, the Security Council of the United Nations has, by resolution 2270 adopted on 2nd March 2016, called upon Her Majesty’s Government in the United Kingdom to apply certain measures to give effect to decisions of the Council in relation to the Democratic People’s Republic of Korea:

Her Majesty, in exercise of the powers conferred on Her by section 1 of the United Nations Act 19461, section 112 of the Saint Helena Act 18332, the British Settlements Acts 1887 and 19453, and all of the other powers enabling Her to do so, is pleased, by and with the advice of Her Privy Council, to order as follows: