# The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019, Regulation 36E: Interpretation of Part 5A


(1) In this Part—
“the ANO” means the Air Navigation Order 2016;
“beneficial interest” means any beneficial interest, however arising (whether held by trustee or nominee or arising under a contract or otherwise), other than an interest held by any person as mortgagee.
(2) For the purposes of regulation 36A(6)(a), an aircraft is “owned” by a person if—
(a) the legal title to the aircraft, or to any share in the aircraft, is vested in the person, or a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by that person, or
(b) the person, or a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by that person, has a beneficial interest in the aircraft or in any share in the aircraft,
and the reference to a legal title or other interest includes one held jointly with any other person or persons.
(3) Any expression used in this Part and in section 6 of the Act (aircraft sanctions) has the same meaning in this Part as it has in that section.

---
Source: https://www.legislation.gov.uk/uksi/2019/461/regulation/36E (the official version)
Page: https://openlegislation.uk/iran-sanctions-nuclear-eu-exit-regulations-2019/regulation-36E
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.