Regulation 31F Supply and delivery of gold, precious metals and diamonds from a place in IranF1

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

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 the offence of contravening paragraph (1) (“P”) to show that P did not know and had no reasonable cause to suspect that the supply or delivery was from a place in Iran, whether directly or indirectly.