Regulation 25 Bank accounts for diplomatic missions etc.I1I2
United Kingdom
(1)
A UK credit or financial institution must not open a bank account for—
(a)
a diplomatic mission or consular post of the DPRK, or
(b)
a national of the DPRK who is a member of a diplomatic mission or consular post of the DPRK.
(2)
Paragraph (1) is subject to Part 9 (Exceptions and licences).
(3)
A person who contravenes the prohibition in paragraph (1) commits an offence.
Annotations
Commencement
- I1
Reg. 25 not in force at made date, see reg. 1(2)
- I2
Reg. 25 in force at 31.12.2020 by S.I. 2019/627, reg. 7(2); 2020 c. 1, Sch. 5 para. 1(1)