{
  "url": "https://openlegislation.uk/iran-sanctions-nuclear-eu-exit-regulations-2019/regulation-17D",
  "json_url": "https://openlegislation.uk/iran-sanctions-nuclear-eu-exit-regulations-2019/regulation-17D.json",
  "legislation": "uksi/2019/461",
  "legislation_title": "The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/iran-sanctions-nuclear-eu-exit-regulations-2019",
  "path": "regulation/17D",
  "kind": "regulation",
  "number": "17D",
  "heading": "Sale or purchase of bonds",
  "text": "(1) A person (“P”) must not directly or indirectly—\n(a) sell to a person falling within paragraph (4), or\n(b) purchase from such a person,\nIranian bonds or bonds guaranteed by the Government of Iran and issued after 8th September 2026 if P knows, or has reasonable cause to suspect, that the sale or purchase of such bonds is directly or indirectly to or from such a person.\n(2) A person (“P”) must not provide brokering services to a person falling within paragraph (4) in respect of Iranian bonds or bonds guaranteed by the Government of Iran and issued after 8th September 2026, if P knows, or has reasonable cause to suspect, that the person falls within paragraph (4).\n(3) A person (“P”) must not provide—\n(a) brokering services,\n(b) advertising services, or\n(c) any other service,\nif P knows, or has reasonable cause to suspect, that the provision of the service assists a person falling within paragraph (4) to issue Iranian bonds or bonds guaranteed by the Government of Iran.\n(4) The following persons fall within this paragraph—\n(a) the Government of Iran,\n(b) a person falling within regulation 17B(5) (Iranian credit or financial institutions);\n(c) a person acting on behalf of or at the direction of a person falling within sub-paragraph (a), or (b);\n(d) a person, other than an individual, which is owned or controlled directly or indirectly (within the meaning of regulation 7) by a person falling within sub-paragraph (a), (b) or (c).\n(5) Paragraphs (1) to (3) are subject to Part 6 (Exceptions and licences).\n(6) A person who contravenes a prohibition in paragraph (1), (2) or (3) commits an offence.\n(7) For the purposes of this regulation, “Iranian bonds” means bonds issued by the Government of Iran.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regs. 17A-17D inserted (29.9.2026) by The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983), regs. 1(2), 6(c)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/461/regulation/17D",
    "retrieved_at": "2026-10-28T22:45:44.769063+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."
}