Regulation 55 Trade: application of information powers in CEMAI1

United Kingdom

(1)

Section 77A of CEMA M1 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 or specification 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—

(a)

which would, unless done under the authority of a trade licence, constitute a contravention of any prohibition in Chapters 2 to 5 of Part 5 (Trade), except the prohibitions in regulation 22(1) or regulation 30(1) to (3) (export of goods), or

(b)

which would constitute a contravention of a prohibition in regulation 39 (circumventing etc. prohibitions).

Annotations

Marginal citations

M1: Section 77A was inserted by the Finance Act 1987 (c.16), section 10; and amended by S.I. 1992/3095.

Commencement

I1: Reg. 55 in force at 29.4.2021 at 5.00 p.m., see reg. 1(3)