{
  "url": "https://openlegislation.uk/iran-sanctions-amendment-regulations-2026/note",
  "json_url": "https://openlegislation.uk/iran-sanctions-amendment-regulations-2026/note.json",
  "legislation": "uksi/2026/983",
  "legislation_title": "The Iran (Sanctions) (Amendment) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/iran-sanctions-amendment-regulations-2026",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 (S.I. 2019/461) (“the 2019 Regulations”) and the Iran (Sanctions) Regulations 2023 (S.I. 2023/1314) (“the 2023 Regulations”) using powers under the Sanctions and Anti-Money Laundering Act 2018 (c. 13).\nRegulations 3 to 13 amend the 2019 Regulations—\n(i) regulation 4 amends regulations 2 and 3 to insert new definitions, and to ensure that prohibitions and requirements imposed in ships’ licences may be contravened by conduct outside the United Kingdom or in the territorial sea;\n(ii) regulation 5 amends regulation 5 of the 2019 Regulations to give the Secretary of State power to designate persons for the purposes of any of the new provisions inserted into the 2019 Regulations by these Regulations;\n(iii) regulation 6 imposes new financial measures including introducing prohibitions on: investments in relation to Iran; accounts or corresponding banking relationship with Iranian entities; the provision of insurance and reinsurance services to persons connected with Iran and on the sale or purchase of Iranian bonds;\n(iv) regulation 7 imposes new trade sanctions in relation to gold, precious metals and diamonds; energy-related goods or technology; sectoral software goods and sectoral software and technology; specified relevant goods and technology; oil and petroleum products; petrochemicals and natural gas and ships. It also imposes sanctions on the provision and procurement of services relating to specified ships;\n(v) regulation 8 imposes new measures in relation to Iranian aircraft and specified ships;\n(vi) regulation 9 amends the provisions on exceptions and licences in Part 6, and regulations 10 and 11 amend the provisions on enforcement and maritime enforcement in Parts 8 and 9, respectively, of the 2019 Regulations;\n(vii) regulation 12 inserts a number of Schedules of restricted items into the 2019 Regulations.\nRegulations 14 to 31 amend the 2023 Regulations—\n(i) regulation 15 defines “ships licence”. Regulation 16 amends regulation 3 to ensure that prohibitions and requirements imposed in ships’ licences may be contravened by conduct outside the United Kingdom or in the territorial sea;\n(ii) regulation 17 amends regulation 5 of the 2023 Regulations to give the Secretary of State power to designate persons for the purposes of new regulation 43B;\n(iii) regulation 18 imposes new sanctions on the provision of technical assistance, and the provision and procurement of services relating to specified ships;\n(iv) regulation 19 imposes a prohibition on chartering or operating specified ships;\n(v) regulation 20 prohibits the registration of specified ships;\n(vi) regulation 21 amends regulation 51 on the specification of ships to reflect the new prohibitions relating to ships, and to extend the definition of “relevant activity”;\n(vii) regulation 22 amends the interpretation provisions for Part 7;\n(viii) regulations 23 to 26 amend the provisions on exceptions and licences in Part 8 of the 2023 Regulations;\n(ix) regulations 27 to 30 amend the provisions on enforcement in Part 10 of the 2023 Regulations to reflect the new prohibitions;\n(x) regulation 31 adds a number of items to, and removes some items from, Schedule 4 (Goods of strategic concern and technology of strategic concern).\nA full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen. A de minimis assessment has been prepared as this instrument is likely to entail some costs for businesses, but the net impact is estimated to be below £10 million per year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2026/983/note",
    "retrieved_at": "2026-10-28T20:55:39.041753+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}