Further export and import restrictions relating to listed goods etc.

Offences related to the movement of gold, precious metals or diamonds listed in Annex VII15

1

A person to whom this Order applies (“P”) commits an offence if P knowingly —

a

sells, supplies, transfers or exports (directly or indirectly) gold, precious metals or diamonds, as listed in Annex VII to the Council Regulation, to the Government of Iran;

b

purchases, imports or transports (directly or indirectly) gold, precious metals or diamonds as listed in Annex VII, whether the item concerned originated in Iran or not, from the Government of Iran;

c

provides (directly or indirectly) technical assistance or brokering services, financing or financial assistance, relating to gold, precious metals or diamonds as listed in Annex VII, to the Government of Iran.

2

For the purposes of paragraph (1), “the Government of Iran” includes—

a

public bodies, corporations and agencies of the Government of Iran,

b

any person, entity or body acting on behalf or at the direction of the Government of Iran, and

c

any entity or body owned or controlled by the Government of Iran.