The Russia, Crimea and Sevastopol (Sanctions) (Overseas Territories) Order 2014

PART 2 Prohibitions under the Russia Sanctions Regulation

Dual-use goods and technology

7.—(1) Subject to paragraph (2), it is an offence for a person to knowingly sell, supply, transfer or export (directly or indirectly) dual-use goods and technology—

(a) to any person in Russia;

(b) for use in Russia; or

(c) to any person listed in Annex IV to the Russia Sanctions Regulation.

(2) Nothing in paragraph (1)(a) or (b) prevents any sale, supply, transfer or export unless the dual-use goods and technology are intended for military use or for delivery to a military end-user.

(3) This article is subject to articles 13 and 14.

Transfer of oil exploration technologies

8.—(1) It is an offence for a person to knowingly sell, supply, transfer or export (directly or indirectly) any of the technologies listed in Annex II to the Russia Sanctions Regulation—

(a) to any person in Russia; or

(b) for use in Russia.

(2) This article is subject to articles 13 and 14.

Providing services for oil exploration

9.—(1) It is an offence for a person to knowingly provide (directly or indirectly) to any person in Russia the following services necessary for deep water oil exploration and production, arctic oil exploration and production, or shale oil projects in Russia—

(a) drilling services;

(b) well testing services;

(c) logging and completion services; or

(d) the supply of specialised floating vessels.

(2) Nothing in paragraph (1) prevents the execution of a contract or framework agreement concluded before 16th October 2014 or an ancillary contract concluded after that date which is necessary for the execution of such a contract or agreement.

(3) Nothing in paragraph (1) prevents the supply of any services which are necessary for the urgent prevention or mitigation of an event likely to have a serious and significant impact on human health and safety or the environment.

Providing or carrying restricted goods

10.—(1) It is an offence for a person to knowingly sell, supply, transfer or export (directly or indirectly) restricted goods—

(a) to any person in Russia, or

(b) for use in Russia.

(2) It is an offence for a relevant person to knowingly use a ship, aircraft or vehicle falling within paragraph (3) for the carriage of restricted goods if the carriage is, or forms part of, carriage from any place outside Russia to any destination in Russia.

(3) The following fall within this paragraph—

(a) a ship, aircraft or vehicle within the Territory,

(b) a ship or aircraft registered in the Territory, or

(c) any other ship or aircraft that is for the time being chartered to a person mentioned in article 2(1)(a) or (b).

(4) A “relevant person”, in relation to a ship, aircraft or vehicle falling within paragraph (3)(a) or (b), means—

(a) the owner or master of the ship,

(b) the charterer, operator or commander of the aircraft, or

(c) the driver or operator of the vehicle.

(5) A “relevant person”, in relation to a ship or aircraft falling within paragraph (3)(c) means—

(a) the charterer of the ship or aircraft, or

(b) the master of the ship, or operator of the aircraft, if the master or operator is a person mentioned in article 2(1)(a) or (b).

(6) Paragraph (2) is without prejudice to any other provision of law prohibiting or restricting the use of ships, aircraft or vehicles.

(7) This article is subject to articles 13 and 14.

Providing assistance related to restricted goods and dual use goods and technology

11.—(1) It is an offence for a person to knowingly provide (directly or indirectly) assistance relating to the sale, supply, transfer or export of restricted goods or dual-use goods and technology—

(a) to any person in Russia, or

(b) for use in Russia.

(2) It is an offence for a person to knowingly provide (directly or indirectly) assistance relating to the maintenance or manufacture of restricted goods or dual-use goods and technology—

(a) by any person in Russia, or

(b) for use in Russia.

(3) Nothing in paragraphs (1) or (2) prevents any provision of assistance related to dual-use goods and technology unless the goods or technology are intended for military use or for delivery to a military end-user.

(4) This article is subject to articles 13 and 14.

Financial measures

12.—(1) It is an offence for a person to knowingly purchase, sell or provide (directly or indirectly) investment services for, or assist in the issuance of, or otherwise deal with transferable securities and money-market instruments with a maturity exceeding 30 days issued after 16th October 2014, by—

(a) an institution listed in Annex III to the Russia Sanctions Regulation; or

(b) a legal person, entity or body established outside the Territory which is owned (directly or indirectly) by more than 50% by an institution listed in Annex III to the Russia Sanctions Regulation; or

(c) a legal person, entity or body acting on behalf of a person, entity or body referred to in paragraph (b) or an institution listed in Annex III to the Russia Sanctions Regulation.

(2) It is an offence for a person to knowingly purchase, sell, or provide (directly or indirectly) investment services for, or assist in the issuance of, or otherwise deal with transferable securities and money-market instruments with a maturity exceeding 30 days issued after 16th October 2014, by—

(a) a person listed in Annex V to the Russia Sanctions Regulation;

(b) a person listed in Annex VI to the Russia Sanctions Regulation;

(c) a legal person, entity or body established outside the Territory which is owned (directly or indirectly) by more than 50% by a person listed in Annex V or VI of the Russia Sanctions Regulation; or

(d) a legal person, entity or body acting on behalf or at the direction of a person referred to in paragraphs (a), (b) or (c).

(3) It is an offence for a person to knowingly grant, or be part of any arrangement to grant (directly or indirectly), a loan or credit after 16th October 2014 with a maturity exceeding 30 days to any person referred to in paragraphs (1) or (2).

(4) Paragraph (3) does not apply to a loan or credit which has as a specific and documented objective—

(a) the provision of financing for imports or exports of goods and non-financial services between the Territory and Russia which are not prohibited under this Order; or

(b) the provision of emergency funding to meet solvency and liquidity criteria for legal persons established in the Territory, which are owned by more than 50% by any person listed in Annex III to the Russia Sanctions Regulation.