Amendment of the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 20192
1
The Iran (Sanctions) (Human Rights) (EU Exit) Regulations 20193 are amended as follows.
2
After regulation 33, insert—
Exception for authorised conduct in a relevant country33A
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.