PART 5Trade

CHAPTER 5Trade prohibitions relating to import, purchase and transportation

Prohibitions relating to the associated provision of financial services and fundsI140

1

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 charcoal which—

i

originates in Somalia, or

ii

is consigned from Somalia;

b

the direct or indirect acquisition of charcoal which—

i

originates in Somalia, or

ii

is consigned from Somalia;

c

the direct or indirect supply or delivery of charcoal from a place in Somalia to a third country, where the charcoal—

i

originates in Somalia, or

ii

is consigned from Somalia;

d

the direct or indirect supply or delivery of charcoal from a place in a non-UK country to a place in a different non-UK country where the charcoal originates in Somalia.

2

Paragraph (1) is subject to Part 6 (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 an offence of contravening a prohibition in paragraph (1) 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.

4

For the purposes of paragraph (1)(c), the term “third country” has the same meaning as in regulation 39(5).

5

For the purposes of paragraph (1)(d), the term “non-UK country” has the same meaning as in regulation 39(5).