Ownership etc. of DPRK shipsU.K.
This section has no associated Explanatory Memorandum
69.—(1) A person must not own, control, charter or operate a DPRK ship.
(2) Paragraph (1) is subject to Part 9 (Exceptions and licences).
(3) A person who contravenes the prohibition in paragraph (1) commits an offence, but it is a defence for a person charged with that offence to show that—
(a)the ship was not a DPRK ship at the time that the person first owned, controlled, chartered or operated it, and
(b)as soon as possible after the ship became a DPRK ship, the person took all reasonably practicable steps to relinquish their interest in, or cease their use of, the ship.
(4) In this regulation, a “DPRK ship” means—
(a)a ship registered in the DPRK, or
(b)a ship flying the flag of the DPRK.