Commonwealth Numbered Regulations

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CHARTER OF THE UNITED NATIONS (SANCTIONS--IRAN) REGULATION 2016 (F2016L01181) - REG 16

Prohibition relating to dealings with designated person or entity

             (1)  A person contravenes this section if:

                     (a)  the person directly or indirectly makes an asset available to, or for the benefit of:

                              (i)  a designated person or entity; or

                             (ii)  a person or entity acting on behalf of or at the direction of a designated person or entity; or

                            (iii)  an entity owned or controlled by a designated person or entity, including through illicit means; and

                     (b)  the making available of the asset is not authorised by a permit under section 18.

             (2)  Section 15.1 of the Criminal Code applies to an offence under section 27 of the Act that relates to a contravention of subsection (1).

Note 1:       Subsection (2) has the effect that the offence has extraterritorial application.

Note 2:       This section is a UN sanction enforcement law as specified by the Minister under the Charter of the United Nations (UN Sanction Enforcement Law) Declaration 2008 .



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