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The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019

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Transitional provision: pending applications for trade licencesU.K.

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77.—(1) Paragraph (2) applies where—

(a)an application was made before the relevant date for a licence or authorisation under the Export Control (Iran Sanctions) Order 2016 or the EU Iran Regulation,

(b)the application is for authorisation of an act prohibited by Part 5 (Trade), and

(c)a decision to grant or refuse the application has not been made before the relevant date.

(2) The application is to be treated on and after the relevant date as an application for a licence under regulation 41 (trade licences).

(3) In this regulation, “the relevant date” means—

(a)where regulations under section 56 of the Act provide that Part 5 comes into force at a specified time on a day, that time on that day;

(b)otherwise, the date on which Part 5 comes into force.

Commencement Information

I1Reg. 77 not in force at made date, see reg. 1(2)

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