# The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019, Regulation 27C: Making available gold, precious metals and diamonds


(1) A person must not directly or indirectly make gold, precious metals or diamonds available—
(a) to a person connected with Iran, or
(b) for use in Iran.
(2) Paragraph (1) is subject to Part 6 (Exceptions and licences).
(3) A person who contravenes a prohibition in paragraph (1) commits an offence, but—
(a) it is a defence for a person charged with the offence of contravening paragraph (1)(a) (“P”) to show that P did not know and had no reasonable cause to suspect that the person was connected with Iran;
(b) it is a defence for a person charged with the offence of contravening paragraph (1)(b) (“Q”) to show that Q did not know and had no reasonable cause to suspect that the gold, precious metals or diamonds were for use in Iran.

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Source: https://www.legislation.gov.uk/uksi/2019/461/regulation/27C (the official version)
Page: https://openlegislation.uk/iran-sanctions-nuclear-eu-exit-regulations-2019/regulation-27C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.