Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CHARTER OF THE UNITED NATIONS (SANCTIONS--IRAN) REGULATION 2016 (F2016L01181) - REG 19

Prohibition relating to selling or making available an interest in sensitive commercial activities

             (1)  A person contravenes this section if:

                     (a)  the person sells, or otherwise makes available, an interest in a sensitive commercial activity to:

                              (i)  Iran; or

                             (ii)  an Iranian national; or

                            (iii)  an entity incorporated in Iran or subject to Iranian jurisdiction; or

                            (iv)  a person or entity acting on behalf of, or at the discretion of, Iran, an Iranian national, or an entity incorporated in Iran or subject to Iranian jurisdiction; or

                             (v)  an entity owned or controlled by Iran, an Iranian national, or an entity incorporated in Iran or subject to Iranian jurisdiction; and

                     (b)  the sale or making available of the interest is not covered by a permit granted under section 20.

             (2)  In this section:

"sensitive commercial activity " means a commercial activity:

                     (a)  involving uranium mining; or

                     (b)  involving uranium production; or

                     (c)  involving the use of nuclear materials or technology listed in INFCIRC/254/Part 1; or

                     (d)  related to the supply, sale, transfer, manufacture or use of export sanctioned goods set out in S/2015/546 or determined under paragraph 6(2)(b); or

                     (e)  related to any activity undertaken by Iran related to ballistic missiles designed to be capable of delivering nuclear weapons, including launches using such ballistic missile technology.

Note:          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 .



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback