Article 10N Financing or financial assistance to North Korean personsF1F2
(1)
A person (“P”) commits an offence if P grants financing or financial assistance knowing or having reasonable cause to suspect that it is granted to—
(a)
a person incorporated or constituted under the law of North Korea; or
(b)
a person acting on behalf or at the direction of, or a person owned or controlled by, a person referred to in sub-paragraph (a).
(2)
This article is subject to articles 11 and 12.
Annotations
Textual amendments
- F1
Arts. 10L-10P inserted (10.8.2016) by The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) ( No. 2) Order 2016 (S.I. 2016/769), arts. 1(1), 9
- F2
Art. 10N substituted (21.12.2017) by The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 4) Order 2017 (S.I. 2017/1277), arts. 1(1), 10