{
  "url": "https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-eu-exit-regulations-2019/regulation-21",
  "json_url": "https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-eu-exit-regulations-2019/regulation-21.json",
  "legislation": "uksi/2019/411",
  "legislation_title": "The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-eu-exit-regulations-2019",
  "path": "regulation/21",
  "kind": "regulation",
  "number": "21",
  "heading": "DPRK credit or financial institutions: branches, subsidiaries, and representative offices",
  "text": "(1) A person (“P”) must not operate or facilitate the operation of—\n(a) a branch,\n(b) a subsidiary, or\n(c) a representative office,\nof a person falling within regulation 18(2) if P knows, or has reasonable cause to suspect, that the branch, subsidiary or representative office is a branch, subsidiary or representative office of such a person.\n(2) Paragraph (1) is subject to Part 9 (Exceptions and licences).\n(3) A person who contravenes a prohibition in paragraph (1) commits an offence.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 21 not in force at made date, see reg. 1(2)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Reg. 21 in force at 31.12.2020 by S.I. 2019/627, reg. 7(2); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/411/regulation/21",
    "retrieved_at": "2026-10-28T22:46:08.584551+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}