# The Russia (Sanctions) (EU Exit) Regulations 2019, Regulation 46Z16A: Interpretation


(1) In this Chapter—
“relevant day” means the day on which this Chapter comes into force;
“relevant processed gold” means gold which—
(a)has been processed in a third country; and
(b)incorporates gold that, on or after 21st July 2022—
(i)originated in Russia, and
(ii)has been exported from Russia;
“third country” means a country that is not the United Kingdom, the Isle of Man or Russia.
(2) For the purposes of this Chapter, a thing has been exported from Russia when—
(a) it has completed the applicable export formalities; and
(b) where the thing was transported by—
(i) land, it has left Russian territory;
(ii) sea, the ship on which it was transported has departed a port in Russia for a destination outside of Russia;
(iii) air, the aircraft on which it was transported has departed an airport in Russia for a destination outside of Russia.
(3) For the purposes of this Chapter, gold is processed where it is—
(a) altered;
(b) transformed in any way; or
(c) subjected to any other type of operation or process.

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Source: https://www.legislation.gov.uk/uksi/2019/855/regulation/46Z16A (the official version)
Page: https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/regulation-46Z16A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.