PART 5Trade

F2CHAPTER 4LLiquefied natural gas

Annotations:
Amendments (Textual)

Interpretation46Z24

1

In this Chapter, “liquefied natural gas” means liquefied natural gas falling within commodity code 2711 11 00.

2

Paragraph 1 of Schedule 3 applies for the purposes of interpreting the definition in paragraph (1).

Import of liquefied natural gas46Z25

1

The import of liquefied natural gas which is consigned from Russia is prohibited.

2

The import of liquefied natural gas which originates in Russia is prohibited.

3

Paragraphs (1) and (2) are subject to Part 7 (Exceptions and licences).

Acquisition of liquefied natural gas46Z26

1

A person must not directly or indirectly acquire liquefied natural gas—

a

which originates in Russia; or

b

which is located in Russia,

with the intention of the liquefied natural gas entering the United Kingdom.

2

Paragraph (1) is subject to Part 7 (Exceptions and licences).

3

A person who contravenes a prohibition in paragraph (1) commits an offence, but—

a

it is a defence for a person charged with the offence of contravening paragraph (1)(a) to show that the person did not know and had no reasonable cause to suspect that the liquefied natural gas originated in Russia;

b

it is a defence for a person charged with the offence of contravening paragraph (1)(b) to show that the person did not know and had no reasonable cause to suspect that the liquefied natural gas was located in Russia.

Technical assistance relating to liquefied natural gas46Z27

F11

A person must not directly or indirectly provide technical assistance relating to—

a

the import of liquefied natural gas which—

i

originates in Russia, or

ii

is consigned from Russia;

b

the direct or indirect acquisition of liquefied natural gas which—

i

originates in Russia, or

ii

is located in Russia,

with the intention of the liquefied natural gas entering the United Kingdom.

2

Paragraph (1) is subject to Part 7 (Exceptions and licences).

3

A person who contravenes any of the prohibitions in paragraph (1) commits an offence, but it is a defence for a person charged with an offence of contravening—

a

paragraph (1)(a), to show that the person did not know and had no reasonable cause to suspect that the technical assistance related to an import described in that paragraph;

b

paragraph (1)(b), to show that the person did not know and had no reasonable cause to suspect that the technical assistance related to an acquisition described in that paragraph.

Financial services and funds relating to liquefied natural gas46Z28

F31

A person must not directly or indirectly provide financial services or funds in pursuance of or in connection with an arrangement whose object or effect is—

a

the import of liquefied natural gas which—

i

originates in Russia, or

ii

is consigned from Russia;

b

the direct or indirect acquisition of liquefied natural gas which—

i

originates in Russia, or

ii

is located in Russia,

with the intention of the liquefied natural gas entering the United Kingdom.

2

Paragraph (1) is subject to Part 7 (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 the person did not know and had no reasonable cause to suspect that the financial services or funds (as the case may be) were provided in pursuance of or in connection with an arrangement mentioned in that paragraph.

Brokering services relating to liquefied natural gas46Z29

1

A person must not directly or indirectly provide brokering services in relation to any arrangements described in regulation 46Z28(1)(a) and (b).

2

Paragraph (1) is subject to Part 7 (Exceptions and licences).

3

A person who contravenes a prohibition in paragraph (1) commits an offence, but it is a defence for a person charged with that offence to show that the person did not know and had no reasonable cause to suspect that the brokering services were provided in relation to an arrangement mentioned in that paragraph.