The Iraq (Sanctions) (EU Exit) Regulations 2020

1. Introductory Text

2. PART 1 General

   1. 1. Citation and commencement

   2. 2. Interpretation

   3. 3. Application of prohibitions and requirements outside the United Kingdom

   4. 4. Purpose

3. PART 2 Designation of persons

   1. 5. Designation of persons named by or under UN Security Council Resolutions

4. PART 3 Finance

   1. CHAPTER 1 Interpretation

      1. 6. Meaning of “designated person” in Part 3

      2. 7. Meaning of “owned or controlled directly or indirectly”

   2. CHAPTER 2 Partial asset-freeze

      1. 8. Partial asset-freeze in relation to the former Government of Iraq and its state bodies, corporations or agencies

   3. CHAPTER 3 Asset-freeze etc.

      1. 9. Asset-freeze in relation to persons connected with the former Iraqi regime

      2. 10. Making funds available to persons connected with the former Iraqi regime

      3. 11. Making funds available for benefit of persons connected with the former Iraqi regime

      4. 12. Making economic resources available to persons connected with the former Iraqi regime

      5. 13. Making economic resources available for benefit of persons connected with the former Iraqi regime

   4. CHAPTER 4 Circumvention etc.

      1. 14. Circumventing etc. prohibitions

5. PART 4 Trade

   1. CHAPTER 1 Interpretation

      1. 15. Definitions relating to goods and technology prohibited under this Part

      2. 16. Interpretation of other expressions used in this Part

   2. CHAPTER 2 Military goods and military technology

      1. 17. Export of military goods

      2. 18. Supply and delivery of military goods

      3. 19. Making military goods and military technology available

      4. 20. Transfer of military technology

      5. 21. Brokering services: non-UK activity relating to military goods and military technology

   3. CHAPTER 3 Illegally removed Iraqi Cultural Property

      1. 22. Export and import of illegally removed Iraqi cultural property

      2. 23. Supply and delivery of illegally removed Iraqi cultural property

      3. 24. Making available and acquisition of illegally removed Iraqi cultural property

      4. 25. Financial services and funds relating to illegally removed Iraqi cultural property

      5. 26. Brokering services: non-UK activity relating to illegally removed Iraqi cultural property

      6. 27. Holding or controlling illegally removed Iraqi cultural property

   4. CHAPTER 4 Further provision

      1. 28. Circumventing etc. prohibitions

      2. 29. Defences

6. PART 5 Exceptions and licences

   1. 30. Finance: exceptions from prohibitions

   2. 31. Finance: exceptions for return of frozen funds to Iraq

   3. 32. Trade: exception for the return of Iraqi cultural property

   4. 33. Exception for authorised conduct in a relevant country

   5. 34. Exception for acts done for purposes of national security or prevention of serious crime

   6. 35. Treasury licences

   7. 36. Trade licences

   8. 37. Licences: general provisions

   9. 38. Finance: licensing offences

   10. 39. Trade: licensing offences

7. PART 6 Information and records

   1. 40. Finance: reporting obligations

   2. 41. “Relevant firm”

   3. 42. Finance: powers to request information

   4. 43. Finance: production of documents

   5. 44. Finance: information offences

   6. 45. Trade: application of information powers in CEMA

   7. 46. General trade licences: records

   8. 47. General trade licences: inspection of records

   9. 48. Disclosure of information

   10. 49. Part 6: supplementary

8. PART 7 Enforcement

   1. 50. Penalties for offences

   2. 51. Liability of officers of bodies corporate etc.

   3. 52. Jurisdiction to try offences

   4. 53. Procedure for offences by unincorporated bodies

   5. 54. Time limit for proceedings for summary offences

   6. 55. Trade enforcement: application of CEMA

   7. 56. Trade offences in CEMA: modification of penalty

   8. 57. Application of Chapter 1 of Part 2 of Serious Organised Crime and Police Act 2005

   9. 58. Monetary penalties

9. PART 8 Maritime enforcement

   1. 59. Exercise of maritime enforcement powers

   2. 60. Maritime enforcement officers

   3. 61. Power to stop, board, search etc.

   4. 62. Seizure power

   5. 63. Restrictions on exercise of maritime enforcement powers

   6. 64. Interpretation of Part 8

10. PART 9 Supplementary and final provision

    1. 65. Notices

    2. 66. Article 20 of the Export Control Order 2008

    3. 67. Trade: overlapping offences

    4. 68. Revocations

    5. 69. Amendment to the United Nations and European Union Financial Sanctions (Linking) Regulations 2017

    6. 70. Transitional provision: Treasury licences

    7. 71. Transitional provision: trade licences

    8. 72. Transitional provision: pending applications for trade licences

    9. 73. Transitional provision: prior obligations

11. Signature

12. SCHEDULES

    1. SCHEDULE 1

       Rules for interpretation of regulation 7(2)

       1. 1. Application of Schedule

       2. 2. Joint interests

       3. 3. Joint arrangements

       4. 4. Calculating shareholdings

       5. 5. Voting rights

       6. 6. In applying regulation 7(2) and this Schedule, the voting rights...

       7. 7. Rights to appoint or remove members of the board

       8. 8. A reference to a board of directors, in the case...

       9. 9. Shares or rights held “indirectly”

       10. 10. Shares held by nominees

       11. 11. Rights treated as held by person who controls their exercise

       12. 12. “Arrangement” includes— (a) any scheme, agreement or understanding, whether or...

       13. 13. Rights exercisable only in certain circumstances etc.

       14. 14. Rights attached to shares held by way of security

    2. SCHEDULE 2

       Treasury licences: purposes

       1. PART 1 Interpretation

          1. 1. In this Schedule— “designated person” means a person designated for...

       2. PART 2 Pre-existing judicial decisions etc.

          1. 2. To enable, by the use of a designated person’s frozen...

       3. PART 3 Purposes: persons connected with the former Iraqi regime

          1. 3. Basic needs

          2. 4. Legal services

          3. 5. Maintenance of frozen funds and economic resources

          4. 6. Extraordinary expenses

13. Explanatory Note