# The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012, Article 10G: Financial support for trade


(1) A credit or financial institution (“P”) commits an offence if P provides financing or financial assistance for trade which P knows or has reasonable cause to suspect may contribute to—
(a) the nuclear-related, other weapons of mass destruction-related, or ballistic missile-related programmes of North Korea; or
(b) an activity prohibited under this Order.
(2) Paragraph (1) does not apply if—
(a) the contract or agreement to provide financing or financial assistance was concluded prior to 10th August 2016; or
(b) the trade is in food, agricultural or medical equipment, or is for humanitarian purposes.

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