Regulations revoked (18.1.2016 at 4.00 p.m.) by The Iran (European Union Financial Sanctions) Regulations 2016 (S.I. 2016/36), regs. 1(1), 20(1)(a) (with regs. 18, 21)

http://www.legislation.gov.uk/uksi/2012/925The Iran (European Union Financial Sanctions) Regulations 2012 (revoked)texttext/xmlenStatute Law DatabaseCRIMINAL LAW2024-04-02Expert Participation2016-01-18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Statutory Instruments2012 No. 925Criminal LawThe Iran (European Union Financial Sanctions) Regulations 2012 (revoked)Madeat 11.00 a.m. on 26th March 2012Laid before Parliamentat 2.00 p.m. on 26th March 2012Coming into forceat 3.00 p.m. on 26th March 2012

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PART 1GeneralCitation, commencement and application1.

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Interpretation2.

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PART 2Funds and Economic ResourcesFreezing of funds and economic resources3.

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Making funds available to a designated person4.

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Making funds available for the benefit of a designated person5.

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Making economic resources available to a designated person6.

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Making economic resources available for the benefit of a designated person7.

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Credits to a frozen account8.

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Exemptions8A.

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Licences9.

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PART 3Restrictions on Transfers of Funds and on Financial ServicesTransfers of funds to or from Iranian credit or financial institutions9A.

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Transfers of funds10.

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10A.

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Authorisations and notifications11.

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Financial messaging services12.

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Branches and subsidiaries of Iranian credit and financial institutions13.

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Credit and financial institutions: accounts and correspondent banking relationships14.

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Agreements15.

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Acquisition or extension of ownership interest16.

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Sale or purchase of bonds17.

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Insurance and reinsurance18.

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PART 4OffencesContravention and circumvention of prohibitions19.

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Officers of a body corporate etc.20.

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Penalties21.

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Proceedings22.

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Consent to prosecution23.

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PART 5MiscellaneousInformation provisions24.

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Notices25.

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The Crown26.

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Amendment27.

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Revocation and repeal28.

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Saving29.

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SCHEDULE

Regulation 24

Information ProvisionsReporting obligations of relevant institutions1.

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Powers to request information2.

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Production of documents3.

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Failure to comply with request for information4.

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General power to disclose information5.

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Application of provisions6.

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