(1)Subject to subsection (2) below—
(a)the importation of a controlled drug; and
(b)the exportation of a controlled drug,
are hereby prohibited.
(2)Subsection (1) above does not apply—
(a)to the importation or exportation of a controlled drug which is for the time being excepted from paragraph (a) or, as the case may be, paragraph (b) of subsection (1) above by regulations under section 7 of this Act; or
(b)to the importation or exportation of a controlled drug under and in accordance with the terms of a licence issued by the Secretary of State and in compliance with any conditions attached thereto.