PART 3 U.K. Restrictions on Financial Services and Markets

Business directly or indirectly with designated persons U.K.

16.  A person must not participate, directly or indirectly, in any business arrangements, including joint ventures, with—

(a) any person, entity or body listed in [F1 Annex XIII] of the Council Regulation; or

(b) any other person, entity or body acting on behalf or at the direction of such a person, entity or body.

Textual Amendments

F1 Words in reg. 16 substituted (6.9.2017) by The Democratic Peoples Republic of Korea (European Union Financial Sanctions) (Amendment) (No. 2) Regulations 2017 (S.I. 2017/883), regs. 1(1), 2(8) (with reg. 3)