{
  "url": "https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-eu-exit-regulations-2019/regulation-30",
  "json_url": "https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-eu-exit-regulations-2019/regulation-30.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/30",
  "kind": "regulation",
  "number": "30",
  "heading": "Sale or purchase of bonds",
  "text": "(1) A person (“P”) must not directly or indirectly—\n(a) sell to a person falling within paragraph (4), or\n(b) purchase from such a person,\npublic bonds or public-guaranteed bonds issued after 19 February 2013 if P knows, or has reasonable cause to suspect, that the sale or purchase of such bonds is directly or indirectly to or from such a person.\n(2) A person (“P”) must not provide brokering services to a person falling within paragraph (4) in respect of public bonds or public-guaranteed bonds issued after 19 February 2013, if P knows, or has reasonable cause to suspect, that the person falls within paragraph (4).\n(3) A person (“P”) must not provide—\n(a) brokering services,\n(b) advertising services, or\n(c) any other services,\nif P knows, or has reasonable cause to suspect, that the provision of the services assists a person falling within paragraph (4) to issue public bonds or public-guaranteed bonds.\n(4) The following persons fall within this paragraph—\n(a) the Government of the DPRK;\n(b) the Central Bank of the DPRK;\n(c) a person falling within regulation 18(2) (DPRK credit or financial institutions etc.);\n(d) a person acting on behalf of or at the direction of a person falling within sub-paragraph (a) or (b);\n(e) a person, other than an individual, which is owned or controlled directly or indirectly (within the meaning of regulation 7) by a person falling within any of sub-paragraphs (a) to (c).\n(5) Paragraphs (1) to (3) are subject to Part 9 (Exceptions and licences).\n(6) A person who contravenes a prohibition in paragraph (1), (2) or (3) commits an offence.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 30 not in force at made date, see reg. 1(2)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Reg. 30 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/30",
    "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."
}