# The Iran (European Union Financial Sanctions) Regulations 2010 (revoked) S.I. 2010/2937 · made 9 December 2010 · revised to 26 March 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PDFs: Printed copy https://openlegislation.uk/iran-european-union-financial-sanctions-regulations-2010-revoked/pdf/uksi_20102937_en.pdf; Explanatory Memorandum https://openlegislation.uk/iran-european-union-financial-sanctions-regulations-2010-revoked/pdf/uksiem_20102937_en.pdf ## Introductory text Criminal Law Made 9th December 2010 Laid before Parliament 10th December 2010 Coming into force 11th December 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 1: General ## 1 Citation, commencement and application . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 2: Funds and Economic Resources ## 3 Freezing of funds and economic resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Making funds available to a designated person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Making funds available for the benefit of a designated person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Making economic resources available to a designated person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Making economic resources available for the benefit of a designated person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Credits to a frozen account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8A Central Bank of Iran . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8B Bank Tejarat . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Licences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 3: Restrictions on Transfers of Funds and on Financial Services ## 10 Transfers of funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Notifications and authorisations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Branches and subsidiaries of Iranian credit and financial institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Credit and financial institutions: accounts and correspondent banking relationships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Acquisition or extension of ownership interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 Sale or purchase of bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 Insurance and reinsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 4: Offences ## 18 Circumventing provisions etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Officers of a body corporate etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 Penalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 Proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22 Consent to prosecution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 5: Miscellaneous ## 23 Information provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 The Crown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 Amendment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 Revocations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 28 Saving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule: Information Provisions ## 1 Reporting obligations of relevant institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Powers to request information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Production of documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Failure to comply with request for information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 General power to disclose information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Application of provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Explanatory note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/uksi/2010/2937 (the official version) Page: https://openlegislation.uk/iran-european-union-financial-sanctions-regulations-2010-revoked Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.