# The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012, Article 10F: Business directly or indirectly with designated persons


A credit or financial institution (“P”) commits an offence if P knowingly participates in any business arrangements, including joint ventures, with—
(a) a designated person; or
(b) any other person acting on behalf or at the direction of such a person.

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Source: https://www.legislation.gov.uk/uksi/2012/3066/article/10F (the official version)
Page: https://openlegislation.uk/democratic-peoples-republic-of-korea-sanctions-overseas-territories-order-2012/article-10F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.