Regulation 31O Brokering services relating to oil and petroleum productsF1
(1)
A person must not directly or indirectly provide brokering services in relation to any arrangement described in regulation 31N(1).
(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.
Annotations
Textual amendments
- F1
Pt. 5 Chs. 2A-2D inserted (29.9.2026) by The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983), regs. 1(2), 7(m)