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Regulation 3 Application of prohibitions and requirements outside the United KingdomI1I2

United Kingdom

(1)

A United Kingdom person may contravene a relevant prohibition by conduct wholly or partly outside the United Kingdom.

(2)

Any person may contravene a relevant prohibition, or a prohibition under regulation 65(1)(a) (overflight of aircraft) or a prohibition imposed by a condition of an aircraft licence by conduct in the territorial sea.

(3)

In this regulation a “relevant prohibition” means any prohibition imposed by—

(a)

regulation 9(2) (confidential information),

(b)

Part 4 (Finance),

(c)

Part 6 (Trade),

(d)

regulation F166(6) (non-disclosure),

(e)

Part 8 (Ships),

(f)

regulation 101(2) (proliferation financing), or

(g)

a condition of a Treasury licence, a Treasury direction, a trade licence or a ship licence.

(4)

A United Kingdom person may comply, or fail to comply, with a relevant requirement by conduct wholly or partly outside the United Kingdom.

(5)

Any person may comply, or fail to comply, with a relevant requirement, a requirement imposed by a direction under regulation 65(4) (direction by air traffic control to operator or pilot of DPRK aircraft) or 73 (movement of ships) or a requirement imposed by a condition of an aircraft licence, by conduct in the territorial sea.

(6)

In this regulation a “relevant requirement” means any requirement imposed—

(a)

by Chapter 2 of Part 4 (Investment, financial services and financial markets),

(b)

by or under Part 10 (Information and records), or by reason of a request made under a power conferred by that Part, or

(c)

by a condition of a Treasury licence, a Treasury direction, a trade licence or a ship licence.

(7)

Nothing in this regulation is to be taken to prevent a relevant prohibition or a relevant requirement from applying to conduct (by any person) in the United Kingdom.

Annotations

Textual amendments

F1

Word in reg. 3(3)(d) substituted (31.12.2020 immediately after IP completion day) by The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/591), regs. 1(2), 2(2); S.I. 2020/1514, reg. 5

Commencement

I1

Reg. 3 not in force at made date, see reg. 1(2)

I2

Reg. 3 in force at 31.12.2020 by S.I. 2019/627, reg. 7(2); 2020 c. 1, Sch. 5 para. 1(1)