The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2023

Amendment of regulation 60GA (trade: exception in respect of the acquisition of iron and steel products)

This section has no associated Explanatory Memorandum

12.—(1) Regulation 60GA is amended as follows.

(2) At the end of the heading insert “and metals”.

(3) For paragraph (1) substitute—

(1) Without prejudice to regulation 60GAA, the prohibitions specified in paragraphs (2) and (2A) do not apply in relation to relevant products located in the United Kingdom or the Isle of Man having been lawfully imported there..

(4) In paragraph (2)—

(a)in sub-paragraph (b), for “46G(1)(b)” substitute “46G(1)(b)(i)”;

(b)in sub-paragraph (c), for “46H(1)(b)” substitute “46H(1)(b)(i);

(c)at the end of sub-paragraph (d) insert “in relation to any arrangements described in regulation 46H(1)(b)(i)”.

(5) After paragraph (2) insert—

(2A) The prohibition specified in this paragraph is that in regulation 46IH(1)(a) (acquisition of metals)..

(6) For paragraph (3) substitute—

(3) In this regulation “relevant products” means the products to which the respective prohibitions specified in paragraphs (2) and (2A) apply..