(1)The Secretary of State may by order make provision for or in connection with the imposition of trade controls in relation to goods of any description.
(2)For this purpose “trade controls”, in relation to any goods, means the prohibition or regulation of—
(a)their acquisition or disposal;
(b)their movement; or
(c)activities which facilitate or are otherwise connected with their acquisition, disposal or movement.
(3)Goods may be described in the order wholly or partly by reference to the uses to which the goods, or any information recorded on or derived from them, may be put.
(4)The power to impose trade controls—
(a)shall only be exercised for the purpose of imposing controls corresponding to or connected with—
(i)any export controls or transfer controls imposed under section 1 or 2; or
(ii)any controls imposed by a directly applicable [F1EU] provision on the exportation of goods or the transfer of technology; and
(b)is subject to section 5.
(5)The Secretary of State may by order make provision in connection with any controls that may be imposed by a directly applicable [F1EU] provision on, or on activities which facilitate or are otherwise connected with, the acquisition, disposal or movement of goods.
(6)For the purposes of this section—
(a)a person acquires goods if he buys, hires or borrows them or accepts them as a gift; and
(b)a person disposes of goods if he sells, lets on hire, lends or gives them.
(7)For the purposes of this section—
(a)the making of an agreement with another to acquire, dispose of or move goods, and
(b)the making of arrangements under which another person—
(i)acquires, disposes of or moves goods; or
(ii)agrees with a third person to acquire, dispose of or move goods,
are activities which facilitate the acquisition, disposal or movement of the goods.
(8)Trade controls may be imposed on acts done outside the United Kingdom and the Isle of Man, but only if they are done by a person who is, or is acting under the control of, a United Kingdom person.