OpenLegislation

Paragraph 8 Prior obligationsF1

United Kingdom

To enable the satisfaction of an obligation of a non-UN designated person (whether arising under a contract, other agreement or otherwise), provided that—

(a)

the obligation—

(i)

arose before the date on which the person became a non-UN designated person, and

(ii)

does not relate to—

(aa)

restricted goods or restricted technology,

(bb)

armed forces goods or armed forces technology,

(cc)

goods or technology for use by the armed forces of the DPRK, or

(dd)

technical assistance, financial services, funds or brokering services related to restricted goods or restricted technology;

(b)

no payments are made to another designated person, whether directly or indirectly.

Annotations

Textual amendments

F1

Sch. 3 para. 8 substituted (13.5.2026) by The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (S.I. 2026/443), regs. 1(2), 3(7)