Regulation 27B Supply and delivery of gold, precious metals and diamonds to IranF1

A person must not directly or indirectly supply or deliver gold, precious metals or diamonds from a third country to a place in Iran.

Paragraph (1) is subject to Part 6 (Exceptions and licences).

A person who contravenes the prohibition in paragraph (1) commits an offence, but it is a defence for a person charged with that offence (“P”) to show that P did not know and had no reasonable cause to suspect that the gold, precious metals or diamonds were destined (or ultimately destined) for Iran.