Regulation 26 Financial services and funds relating to certain arrangementsF4I1I2

A person must not directly or indirectly provide, to a person connected with Belarus, financial services in pursuance of or in connection with an arrangement whose object or effect is—

A person must not directly or indirectly make funds available to a person connected with Belarus in pursuance of or in connection with an arrangement mentioned in paragraph (1).

A person must not directly or indirectly provide financial services or funds in pursuance of or in connection with an arrangement whose object or effect is—

Paragraphs (1) to (3) are subject to Part 6 (Exceptions and licences).

A person who contravenes a prohibition in any of paragraphs (1) to (3) commits an offence, but—

In this regulation—

• “relevant goods” means—

  1. (a)

     chemical and biological weapons-related goods;

  2. (b)

     critical-industry goods;

  3. (c)

     dual-use goods;

  4. (d)

     interception and monitoring goods;

  5. (e)

     internal repression goods;

  6. (f)

     machinery-related goods;

  7. (g)

     military goods;

  8. (h)

     oil refining goods;

  9. (i)

     quantum computing and advanced materials goods;

• “relevant technology” means—

  1. (a)

     chemical and biological weapons-related technology;

  2. (b)

     critical-industry technology;

  3. (c)

     dual-use technology;

  4. (d)

     interception and monitoring technology;

  5. (e)

     internal repression technology;

  6. (f)

     machinery-related technology;

  7. (g)

     military technology;

  8. (h)

     oil refining technology;

  9. (i)

     quantum computing and advanced materials technology.