Regulation 27V Brokering services: non-UK activity relating to sectoral software goods and sectoral software and technologyF1

(1)

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

(a)

directly or indirectly making sectoral software goods or sectoral software and technology available in a third country for transfer—

(i)

to a person connected with Iran, or

(ii)

to a place in Iran;

(b)

the transfer of sectoral software and technology from a place in a third country—

(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 sectoral software goods or sectoral software and technology—

(i)

to a person connected with Iran, or

(ii)

for use in Iran;

(d)

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 27U(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 27U(3);

(e)

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 27U(1); or

(f)

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 27U(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 described 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)