SCHEDULE 1AMENDMENT OF THE IRAQ (UNITED NATIONS SANCTIONS) (ISLE OF MAN) ORDER 2000

Making funds available to designated persons

2.  For Article 3, substitute—

3.(1) Any person who, except under the authority of a licence granted by the Treasury under article 5, makes any funds available to a designated person is guilty of an offence.

(2) In proceedings for an offence under this article, it is a defence for the accused to show that he took all reasonable precautions and exercised all due diligence to avoid committing the offence..