# The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012, Article 10N: Financing or financial assistance to North Korean persons


(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.

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