Introductory Text
PART 1 General
1.Citation and commencement
2.Interpretation
3.Application of prohibitions and requirements outside the United Kingdom
4.Purposes
PART 2 Designations
5.Designation of persons named under UN Security Council Resolutions
Part 3 Finance
6.Meaning of “designated person” in Part 3
7.Meaning of “owned or controlled directly or indirectly” in Part 3
8.Asset-freeze in relation to designated persons
9.Making funds available to designated persons
10.Making funds available for benefit of designated persons
11.Making economic resources available to designated persons
12.Making economic resources available for benefit of designated persons
13.Circumventing etc. prohibitions
PART 4 Trade
14.Interpretation of expressions used in this Part
15.Export of military goods
16.Supply and delivery of military goods
17.Making military goods and military technology available
18.Transfer of military technology
19.Technical assistance relating to military goods and military technology
20.Financial services and funds relating to military goods and military technology
21.Brokering services: non-UK activity relating to military goods and military technology
22.Enabling or facilitating the conduct of armed hostilities
23.Circumventing etc. prohibitions
24.Defences
PART 5 Exceptions and licences
25.Finance: exceptions from prohibitions
25A.Finance: exception for humanitarian assistance and other activities
26.Exception for authorised conduct in a relevant country
27.Exception for acts done for purposes of national security or prevention of serious crime
28.Treasury licences
29.Finance: licensing offences
PART 6 Information and records
30.Finance: reporting obligations
31.“Relevant firm”
32.Finance: powers to request information
33.Finance: production of documents
34.Finance: information offences
35.Trade: application of information powers in CEMA
36.Disclosure of information
36A.Finance: disclosure to the Treasury
37.Part 6: supplementary
PART 7 Enforcement
38.Penalties for offences
39.Liability of officers of bodies corporate etc.
40.Jurisdiction to try offences
41.Procedure for offences by unincorporated bodies
42.Time limit for proceedings for summary offences
43.Trade enforcement: application of CEMA
44.Trade offences in CEMA: modification of penalty
45.Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005
46.Monetary penalties
PART 8 Maritime enforcement
47.Exercise of maritime enforcement powers
48.Maritime enforcement officers
49.Power to stop, board, search etc.
50.Seizure power
51.Restrictions on exercise of maritime enforcement powers
52.Interpretation of Part 8
PART 9 Supplementary and final provision
53.Notices
54.Trade: overlapping offences
55.Revocations
56.Amendment of the United Nations and European Union Financial Sanctions (Linking) Regulations 2017
57.Transitional provision: Treasury licences
58.Transitional provision: prior obligations
Signature
SCHEDULES
SCHEDULE 1
Rules for interpretation of regulation 7(2)
1.Application of Schedule
2.Joint interests
3.Joint arrangements
4.Calculating shareholdings
5.Voting rights
6.In applying regulation 7(2) and this Schedule, the voting rights...
7.Rights to appoint or remove members of the board
8.A reference to a board of directors, in the case...
9.Shares or rights held “indirectly”
10.Shares held by nominees
11.Rights treated as held by person who controls their exercise
12.“Arrangement” includes— (a) any scheme, agreement or understanding, whether or...
13.Rights exercisable only in certain circumstances etc.
14.Rights attached to shares held by way of security
SCHEDULE 2
Treasury licences: purposes
1.Interpretation
2.Basic needs
3.Legal services
4.Maintenance of frozen funds and economic resources
5.Extraordinary expenses
6.Prior obligations
Explanatory Note