# The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012, Article 10L: Investment in commercial activity


(1) A person (“P”) commits an offence if P accepts or approves investment in any commercial activity knowing or having reasonable cause to suspect that such investment is made by—
(a) a person falling within paragraph (2);
(b) a person acting on behalf, or at the direction of, a person falling within paragraph (2); or
(c) a legal person owned or controlled by a person falling within paragraph (2).
(2) The following persons fall within this paragraph—
(a) the Government of North Korea, its public bodies, corporations and agencies;
(b) the Worker’s Party of Korea;
(c) a North Korean national; or
(d) a person incorporated or constituted under the law of North Korea.

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