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The Venezuela (Sanctions) (EU Exit) Regulations 2019

S.I. 2019/135 · Made 29 January 2019 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 13 May 2026.

Sanctions

Made 29th January 2019

Laid before Parliament 31st January 2019

Coming into force in accordance with regulation 1(2)

The Secretary of State M1, in exercise of the powers conferred by sections 1(1)(c) and (3)(b), 3(1)(a), (b)(ii) and (d)(i) and (ii), 4, 5, 9(2)(a), 10(2)(a) and (c), (3) and (4), 11(2) to (9), 15(2)(a) and (b), (3), (4)(b), (5) and (6), 16, 17(2) to (9), 19, 20, 21(1), 54(1) and (2)(a), 56 and 62(4) to (6) of, and paragraphs 2(b), 4(b) and (c), 5(a)(ii) and (b), 6(a)(ii) and (b), 11(a)(ii), 13(b), (h), (k), (l), (m) and (n), 14(a), (f) and (k), 17(a), 19(a), 20 to 23 and 27 of Schedule 1 to, the Sanctions and Anti-Money Laundering Act 2018 M2, and having decided, upon consideration of the matters set out in section 2(2) and 56(1) of that Act, that it is appropriate to do so, makes the following Regulations:C1

Annotations to the whole text

Marginal citations

M1

The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 is conferred on an “appropriate Minister”. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State.

M2

2018 c.13.

Modifications

C1

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 Venezuela (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1262), art. 2, Schs. 1, 2; S.I. 2020/1514, regs. 4, 18 (as amended (11.12.2025) by The Sanctions (Miscellaneous Amendments) (Overseas Territories) Order 2025 (S.I. 2025/1307), art. 1(1), Sch. 2)

Contents

  1. Part 1: General
  2. 1Citation and commencement
  3. 2Interpretation
  4. 3Application of prohibitions and requirements outside the United Kingdom
  5. 4Purposes
  6. Part 2: Designation of persons
  7. 5Power to designate persons
  8. 5AConditions for the designation of persons by name
  9. 6Designation criteria: meaning of “involved person”
  10. 7Meaning of “owned or controlled directly or indirectly”
  11. 8Notification and publicity where designation power used
  12. 9Confidential information in certain cases where designation power used
  13. Part 3: Finance
  14. 10Meaning of “designated person” in Part 3
  15. 11Asset-freeze in relation to designated persons
  16. 12Making funds available to designated person
  17. 13Making funds available for benefit of designated person
  18. 14Making economic resources available to designated person
  19. 15Making economic resources available for benefit of designated person
  20. 16Circumventing etc prohibitions
  21. Part 3A: Director disqualification sanctions
  22. 16ADirector disqualification sanctions
  23. Part 4: Immigration
  24. 17Immigration
  25. Part 5: Trade
  26. Chapter 1: Interpretation
  27. 18Definition of “restricted goods” and “restricted technology”
  28. 19Definitions relating to “restricted goods” and “restricted technology”
  29. 20Definition of “interception and monitoring services”
  30. 21Interpretation of other expressions used in this Part
  31. Chapter 2: Restricted goods and restricted technology
  32. 22Export of restricted goods
  33. 23Supply and delivery of restricted goods
  34. 24Making restricted goods and restricted technology available
  35. 25Transfer of restricted technology
  36. 26Technical assistance relating to restricted goods and restricted technology
  37. 27Financial services and funds relating to restricted goods and restricted technology
  38. 28Brokering services: non-UK activity relating to restricted goods and restricted technology
  39. Chapter 3: Interception and monitoring services
  40. 29Provision of interception and monitoring services
  41. Chapter 4: Military activities etc.
  42. 30Provision of military-related services
  43. Chapter 5: Further provision
  44. 31Circumventing etc prohibitions
  45. 31ATrade: end-use control
  46. 32Defences
  47. Part 6: Exceptions and licences
  48. 33Finance: exceptions from prohibitions
  49. 33ZAFinance: exception from prohibitions for required payments
  50. 33AException for authorised conduct in a relevant country
  51. 34Exception for acts done for purposes of national security or prevention of serious crime
  52. 35Treasury licences
  53. 35ADirector disqualification licences
  54. 36Trade licences
  55. 37Licences: general provisions
  56. 38Finance: licensing offences
  57. 38ADirector disqualification: licensing offences
  58. 39Trade: licensing offences
  59. 40Section 8B(1) to (3) of Immigration Act 1971: directions
  60. Part 7: Information and records
  61. 41Finance: reporting obligations
  62. 41AFinance: reporting obligations for required payments
  63. 42“Relevant firm”
  64. 43Finance: powers to request information
  65. 44Finance: production of documents
  66. 45Finance: information offences
  67. 46Trade: application of information powers in CEMA
  68. 47General trade licences: records
  69. 48General trade licences: inspection of records
  70. 49Disclosure of information
  71. 49AFinance: disclosure to the Treasury
  72. 50Part 7: supplementary
  73. Part 8: Enforcement
  74. 51Penalties for offences
  75. 52Liability of officers of bodies corporate etc
  76. 53Jurisdiction to try offences
  77. 54Procedure for offences by unincorporated bodies
  78. 55Time limit for proceedings for summary offences
  79. 56Trade enforcement: application of CEMA
  80. 57Trade offences in CEMA: modification of penalty Repealed
  81. 58Application of Chapter 1 of Part 2 of Serious Organised Crime and Police Act 2005
  82. 59Monetary penalties
  83. Part 9: Maritime enforcement
  84. 60Exercise of maritime enforcement powers
  85. 61Maritime enforcement officers
  86. 62Power to stop, board, search etc
  87. 63Seizure power
  88. 64Restrictions on exercise of maritime enforcement powers
  89. 65Interpretation of Part 9
  90. Part 10: Supplementary and final provision
  91. 66Notices
  92. 67Article 20 of the Export Control Order 2008
  93. 68Trade: overlapping offences
  94. 69Revocation of the Venezuela Council Regulation
  95. 70Other revocations
  96. 71Transitional provision: Treasury licences
  97. 72Transitional provision: trade licences
  98. 73Transitional provision: pending applications for trade licences
  99. 74Transitional Provisions: prior obligations
  100. Signature
  101. Schedule 1: Rules for interpretation of regulation 7(2)
  102. 1Application of Schedule
  103. 2Joint interests
  104. 3Joint arrangements
  105. 4Calculating shareholdings
  106. 5Voting rights
  107. 6Paragraph 6
  108. 7Rights to appoint or remove members of the board
  109. 8Paragraph 8
  110. 9Shares or rights held “indirectly”
  111. 10Shares held by nominees
  112. 11Rights treated as held by person who controls their exercise
  113. 12Paragraph 12
  114. 13Rights exercisable only in certain circumstances etc
  115. 14Rights attached to shares held by way of security
  116. Schedule 2: List of internal repression goods and internal repression technology
  117. 1Firearms and related goods
  118. 2Paragraph 2
  119. 3Paragraph 3
  120. 4Vehicles
  121. 5Explosive substances and related goods
  122. 6Paragraph 6
  123. 7Paragraph 7
  124. 8Other goods
  125. 9Paragraph 9
  126. 10Paragraph 10
  127. 11Paragraph 11
  128. 12Paragraph 12
  129. 13Paragraph 13
  130. 14Production equipment
  131. 15Software and technology
  132. 16Paragraph 16
  133. 17Interpretation
  134. Schedule 3: List of interception and monitoring goods and interception and monitoring technology
  135. 1Interception and monitoring equipment
  136. 2Paragraph 2
  137. 3Other software and other technology
  138. 4Interpretation
  139. 5Acronyms and abbreviations used in this Schedule
  140. Schedule 4: Treasury licences: purposes
  141. 1Interpretation
  142. 2Basic needs
  143. 3Legal services
  144. 4Maintenance of frozen funds and economic resources
  145. 5Extraordinary expenses
  146. 6Judicial decisions etc.
  147. 7Diplomatic missions
  148. 8Extraordinary situation
  149. 9Prior obligations
  150. 10Insolvency
  151. Explanatory note