PART 6Trade

CHAPTER 1Interpretation

Interpretation of other expressions used in this PartI127

1

Paragraphs 32 and 36 of Schedule 1 to the Act (trade sanctions) apply for the purpose of interpreting expressions in this Part.

2

In this Part, any reference to the United Kingdom includes a reference to the territorial sea.

3

In this Part—

  • brokering service” means any service to secure, or otherwise in relation to, an arrangement, including (but not limited to)—

    1. a

      the selection or introduction of persons as parties or potential parties to the arrangement,

    2. b

      the negotiation of the arrangement,

    3. c

      the facilitation of anything that enables the arrangement to be entered into, and

    4. d

      the provision of any assistance that in any way promotes or facilitates the arrangement;

  • technical assistance”, in relation to goods or technology, means—

    1. a

      technical support relating to the repair, development, production, assembly, testing, use or maintenance of the goods or technology, or

    2. b

      any other technical service relating to the goods or technology;

  • transfer” has the meaning given by paragraph 37 of Schedule 1 to the Act.

4

For the purposes of this Part, a person is to be regarded as “connected with” Iran if the person is—

a

an individual who is, or an association or combination of individuals who are, ordinarily resident in Iran,

b

an individual who is, or an association or combination of individuals who are, located in Iran,

c

a person, other than an individual, which is incorporated or constituted under the law of Iran, or

d

a person, other than an individual, which is domiciled in Iran.