Insertion of regulation 60GA

11.  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 products

60GA.— (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 goods

60GB.— (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 national(1) 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).”.

(1)

“United Kingdom national” has the meaning given in section 21 of SAMLA.