Regulation 46Z16V InterpretationF1F2

In this Chapter—

• “relevant processed synthetic diamonds” means synthetic diamonds which—

  1. (a)

     are equal to, or larger than, 0.5 carats;

  2. (b)

     were manufactured in Russia; and

  3. (c)

     have been processed in a third country;

• “synthetic diamonds” means any thing falling within the following commodity codes—

  1. (a)

     7104 21 (synthetic or reconstructed diamonds, unworked or simply sawn or roughly shaped); or

  2. (b)

     7104 91 (synthetic or reconstructed diamonds, other than unworked or simply sawn or roughly shaped);

• “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 synthetic diamonds in paragraph (1).

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