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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)

F1In this regulation a “relevant prohibition” means any prohibition imposed by—

(a)

regulation 9(2) (confidential information),

(b)

Part 3 (Finance),

(c)

Part 5 (Trade), or

(d)

a condition of a Treasury licence or a trade 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)

In this regulation, a “relevant requirement” means any requirement imposed—

(a)

by or under Part 7 (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 or a trade 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

Textual amendments

F1

Words in reg. 3(3) substituted (31.12.2020 immediately after IP completion day) by The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/591), regs. 1(2), 4(2); S.I. 2020/1514, reg. 5

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. 6(2); 2020 c. 1, Sch. 5 para. 1(1)