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Regulation 60K Trade: exceptions in relation to uraniumF1

(1)

The prohibitions in regulations 46Z23C(1), 46Z23D(1), 46Z23E(1)(b) and (c), 46Z23F(1)(b) and (c) and 46Z23G(1) are not contravened by a relevant activity done by a person that is necessary for the continued operation of a nuclear installation in a third country, where the installation was operational on the relevant date.

(2)

The prohibitions in regulations 46Z23C(1)(a), 46Z23E(1)(b)(i), 46Z23F(1)(b)(i) and 46Z23G(1) are not contravened in relation to uranium—

(a)

exported from Russia before the relevant date, and

(b)

stored in a third country.

(3)

For the purposes of paragraphs (1) and (2)—

  • “nuclear installation” has the same meaning as given in section 26(1) of the Nuclear Installations Act 1965;

  • “relevant activity” means any activity which would, in absence of this regulation, contravene the prohibitions specified in paragraph (1);

  • “relevant date” means 20th May 2026;

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

Annotations

Textual amendments

F1

Regs. 60J-60L inserted (20.5.2026) by The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2026 (S.I. 2026/543), regs. 1(2), 17

Notes on the whole SI

Textual amendments

F1

Regulations extended (British overseas territories) (with modifications) (31.12.2020 immediately after both S.I. 2020/590 and S.I. 2020/951 have come into force) by The Russia (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1571), arts. 1(1), 2, Schs. 1, 2 (as amended: (11.3.2021) by S.I. 2021/288, arts. 1(1), 2(2); (14.4.2022) by S.I. 2022/453, arts. 1(1), 3-38; (20.7.2022) by S.I. 2022/843, arts. 1(1), 3; (10.11.2022) by S.I. 2022/1167, arts. 1(1), 3-17; (15.12.2022) by S.I. 2022/1338, arts. 1(1), 3-10; (9.3.2023) by S.I. 2023/291, arts. 1(1), 3-9; (20.7.2023) by S.I. 2023/846, arts. 1(1), 3, 5-22; (30.9.2023) by S.I. 2023/846, arts. 1(2), 4; (14.3.2024) by S.I. 2024/370, arts. 1, 3-13; (3.10.2024) by S.I. 2024/987, arts. 1(1), 3-6; and (11.12.2025) by S.I. 2025/1307, art. 1(1), Sch. 15)