Insertion of regulation 60GA11

After regulation 60G (trade: exception in relation to certain goods consigned from Russia) insert—

Trade: exception in respect of the acquisition of iron and steel products60GA

1

The prohibitions specified in paragraph (2) do not apply in relation to relevant goods located in the United Kingdom or the Isle of Man having been lawfully imported there.

2

The prohibitions specified in this paragraph are those in—

a

regulation 46E (acquisition of iron and steel products);

b

regulation 46G(1)(b) (technical assistance relating to iron and steel products);

c

regulation 46H(1)(b) (financial services and funds relating to iron and steel products);

d

regulation 46I (brokering services relating to iron and steel products).

3

In this regulation “relevant goods” means any thing specified in Schedule 3B (Iron and steel products) that has been imported or consigned from Russia.

Trade: exception in respect of the acquisition of Schedule 3DA revenue generating goods60GB

1

The prohibitions specified in paragraph (2)—

a

do not apply in relation to relevant goods located in the United Kingdom or the Isle of Man having been lawfully imported there;

b

do not apply to a United Kingdom national3 in Russia engaging in any activity subject to any of those prohibitions where—

i

the relevant goods are located in Russia;

ii

those relevant goods are for the purposes of personal use, in Russia, by that United Kingdom national, or their immediate family members.

2

The prohibitions specified in this paragraph are those in—

a

regulation 46XC(1) (acquisition of Schedule 3DA revenue generating goods);

b

regulation 46XE(1) (technical assistance relating to Schedule 3DA revenue generating goods);

c

regulation 46XF(1) (financial services and funds relating to Schedule 3DA revenue generating goods);

d

regulation 46XG(1) (brokering services relating to Schedule 3DA revenue generating goods).

3

In this regulation—

  • immediate family member” has the meaning given in regulation 6(7);

  • relevant goods” means any thing specified in Schedule 3DA (Schedule 3DA revenue generating goods).