Regulation 73 Trade: application of information powers in CEMAI1

United Kingdom

(1)

Section 77A of CEMA^f1 applies in relation to a person carrying on a relevant activity as it applies in relation to a person concerned in the importation or exportation of goods but as if—

(a)

in subsection (1), the reference to a person concerned in the importation or exportation of goods for which for that purpose an entry is required by or under CEMA were to a person carrying on a relevant activity;

(b)

any other reference to importation or exportation were to a relevant activity;

(c)

any other reference to goods were to the goods, technology, services or funds to which the relevant activity relates.

(2)

For the purposes of paragraph (1), a “relevant activity” means an activity which would, unless done under the authority of a trade licence, constitute a contravention of—

(a)

any prohibition in Chapter 2, 3 or 4 of Part 6 (Trade) except the prohibition in regulation 28(1) or regulation 37(1) (export of restricted goods etc.), or

(b)

the prohibition in regulation 44 (circumventing etc. prohibitions).

Annotations

Commencement

I1: Reg. 73 in force at 14.12.2023, see reg. 1(2)

Footnotes

f1: Section 77A was inserted by the Finance Act 1987 (c. 16), section 10 and amended by S.I. 1992/3095.