Regulation 46Z16Q InterpretationF1F2

In this Chapter—

• “diamonds” means any thing falling within—

  1. (a)

     the following commodity codes—

     1. (i)

        7102 10 (unsorted diamonds);

     2. (ii)

        7102 39 (non-industrial diamonds, other than unworked or simply sawn, cleaved or bruted); and

  2. (b)

     both commodity code ex 7102 31 and the description “non-industrial diamonds, simply sawn, cleaved or bruted”;

• “relevant day” means—

  1. (a)

     1st March 2024 in relation to any diamonds which are equal to or larger than 1 carat;

  2. (b)

     1st September 2024 in relation to any diamonds which are equal to or larger than 0.5 carats;

• F3“relevant processed diamonds” means diamonds which—

  1. (a)

     were mined in Russia; and

  2. (b)

     have been processed in a third country;

• “third country” means a country that is not the United Kingdom, the Isle of Man or Russia.

Paragraph 1 of Schedule 3 applies for the purposes of interpreting the definition of diamonds in paragraph (1).

For the purposes of this Chapter, diamonds are processed where they are—