Regulation 27N Brokering services: non-UK activity relating to energy-related goods and energy-related technology.F1

(1)

A person (“P”) must not directly or indirectly provide brokering services in relation to an arrangement (“arrangement A”) whose object or effect is—

(a)

the direct or indirect supply or delivery of energy-related goods from a third country to a place in Iran;

(b)

directly or indirectly making energy-related goods or energy-related technology available in a third country for direct or indirect supply or delivery—

(i)

to a person connected with Iran, or

(ii)

to a place in Iran;

(c)

the direct or indirect provision, in a non-UK country, of technical assistance relating to energy-related goods or technology—

(i)

to a person connected with Iran, or

(ii)

for use in Iran;

(d)

the transfer of energy-related technology from a place in a third country—

(i)

to a person connected with Iran, or

(ii)

to a place in Iran;

(e)

the direct or indirect provision, in a non-UK country, of financial services—

(i)

to a person connected with Iran, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 27M(1), or

(ii)

where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 27M(3);

(f)

directly or indirectly making funds available, in a non-UK country, to a person connected with Iran, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 27M(1); or

(g)

the direct or indirect provision of funds from a non-UK country, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 27M(3).

(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 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 brokering services were provided in relation to an arrangement mentioned in that paragraph.

(4)

In this regulation, “non-UK country” means a country that is not the United Kingdom.

Annotations

Textual amendments

F1: Pt. 5 Chs. 1A-1C inserted (29.9.2026) by The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983), regs. 1(2), 7(e)