Regulation 43C Provision of services relating to specified shipsF1

(1)

A person must not directly or indirectly provide in relation to a specified ship—

(a)

brokering services;

(b)

chartering services;

(c)

crew services;

(d)

financial services or funds;

(e)

operating services;

(f)

technical assistance;

(2)

A person must not directly or indirectly provide services relating to the acquisition, sale, transfer or supply of a specified ship.

(3)

Paragraphs (1) and (2) are subject to Part 8 (Exceptions and licences).

(4)

A person who contravenes a prohibition in paragraph (1) or (2) commits an offence, but—

(a)

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 ship in relation to which the assistance, services or funds (as the case may be) were provided was a specified ship;

(b)

it is a defence for a person charged with the offence of contravening paragraph (2) (“Q”) to show that Q did not know and had no reasonable cause to suspect that the ship in relation to whose acquisition, sale, transfer or supply the services where provided was a specified ship.

Annotations

Textual amendments

F1: Pt. 6 Ch. 4A inserted (29.9.2026) by The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983), regs. 1(2), 18