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The Iran (Sanctions) Regulations 2023
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- UK Statutory Instruments
- 2023 No. 1314
- PART 8
- Regulation 63
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Changes over time for: Section 63
Version Superseded: 05/12/2024
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- 14/12/2023- Amendment
- 14/12/2023
Point in time - 05/12/2024- Amendment
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Point in time view as at 14/12/2023. This version of this provision has been superseded.
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Licences: general provisionsU.K.
This section has no associated Explanatory Memorandum
63.—(1) This regulation applies in relation to Treasury licences, director disqualification licences, and trade licences.
(2) A licence must specify the acts authorised by it.
(3) A licence may be general or may authorise acts by a particular person or persons of a particular description.
(4) A licence may—
(a)contain conditions;
(b)be of indefinite duration or a defined duration.
(5) A person who issues a licence may vary, revoke or suspend it at any time.
(6) A person who issues, varies, revokes or suspends a licence which authorises acts by a particular person must give written notice to that person of the issue, variation, revocation or suspension of the licence.
(7) A person who issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description must take such steps as that person considers appropriate to publicise the issue, variation, revocation or suspension of the licence.
Commencement Information
I1Reg. 63 in force at 14.12.2023, see reg. 1(2)
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