The Myanmar (Sanctions) Regulations 2021

Trade: application of information powers in CEMA

55.—(1) Section 77A of CEMA(1) applies in relation to a person carrying on a relevant activity as it applies in relation to a person concerned in the importation or exportation of goods but as if—

(a) in subsection (1), the reference to a person concerned in the importation or exportation of goods for which for that purpose an entry or specification is required by or under CEMA were to a person carrying on a relevant activity;

(b) any other reference to importation or exportation were to a relevant activity;

(c) any other reference to goods were to the goods, technology, services or funds to which the relevant activity relates.

(2) For the purposes of paragraph (1), a “relevant activity” means an activity—

(a) which would, unless done under the authority of a trade licence, constitute a contravention of any prohibition in Chapters 2 to 5 of Part 5 (Trade), except the prohibitions in regulation 22(1) or regulation 30(1) to (3) (export of goods), or

(b) which would constitute a contravention of a prohibition in regulation 39 (circumventing etc. prohibitions).

(1)

Section 77A was inserted by the Finance Act 1987 (c.16), section 10; and amended by S.I. 1992/3095.