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Regulation 3 Application of prohibitions and requirements outside the United KingdomI1I2

United Kingdom

(1)

A United Kingdom person may contravene a relevant prohibition by conduct wholly or partly outside the United Kingdom.

(2)

Any person may contravene a relevant prohibition by conduct in the territorial sea.

(3)

For the purposes of this regulation, a “relevant prohibition” means any prohibition imposed by—

(a)

regulation 9(2) (confidential information),

(b)

Part 3 (Finance), or

(c)

a condition of a Treasury licence.

(4)

A United Kingdom person may comply, or fail to comply, with a relevant requirement by conduct wholly or partly outside the United Kingdom.

(5)

Any person may comply, or fail to comply, with a relevant requirement by conduct in the territorial sea.

(6)

For the purposes of this regulation, a “relevant requirement” means any requirement imposed—

(a)

by or under Part 6 (Information and records), or by reason of a request made under a power conferred by that Part, or

(b)

by a condition of a Treasury licence.

(7)

Nothing in this regulation is to be taken to prevent a relevant prohibition or a relevant requirement from applying to conduct (by any person) in the United Kingdom.

Annotations

Commencement

I1

Reg. 3 not in force at made date, see reg. 1(2)

I2

Reg. 3 in force at 31.12.2020 by S.I. 2019/627, reg. 10(2); 2020 c. 1, Sch. 5 para. 1(1)

Notes on the whole SI

Textual amendments

F1

Regulations extended (with modifications) (31.12.2020 immediately after S.I. 2020/590 and S.I. 2020/951 come into force) by The Republic of Guinea-Bissau (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1587), regs. 1, 2, Schs. 1, 2 (as amended (11.12.2025) by The Sanctions (Miscellaneous Amendments) (Overseas Territories) Order 2025 (S.I. 2025/1307), art. 1(1), Sch. 8)