2 Amendment of the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019
1 The Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019 are amended as follows.
S.I. 2019/134, amended by S.I. 2020/590.
2 After regulation 33, insert—

“33A Exception for authorised conduct in a relevant country
1 Where a person’s conduct in a relevant country would, in the absence of this regulation, contravene a prohibition in any of regulations 11 to 15 (asset-freeze etc.) or Chapters 2 and 3 of Part 5 (Trade) (“the relevant prohibition”), the relevant prohibition is not contravened if the conduct is authorised by a licence or other authorisation which is issued—
(a) under the law of the relevant country, and
(b) for the purpose of disapplying a prohibition in that jurisdiction which corresponds to the relevant prohibition.
2 In this regulation—
“relevant country” means—
(a) any of the Channel Islands,
(b) the Isle of Man, or
(c) any British overseas territory.”