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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 March 2017 - onwards
  Version 3 of 3    

Regulation 4 Amendment of the 2013 Regulations

Revoked from 1 March 2017

After regulation 13D (as substituted by regulation 3 of these Regulations), insert -

"13E. Investment and commercial activities

(1) A person must not accept or approve investment in a commercial activity made by a person listed in paragraph (6).

(2) A person must not grant financing or financial assistance to any legal person listed in paragraph (6)(d) to (f) or for the documented purpose of financing such legal persons.

(3) A person must not establish a joint venture with a legal person listed in paragraph (6) if that person is engaged in any activities listed in paragraph (7).

(4) A person may not acquire or extend any ownership interest in a legal person listed in paragraph (6) if that person is engaged in any activities listed in paragraph (7).

(5) A person must not provide investment services directly related to any activity that is prohibited by paragraphs (2) to (4).

(6) The persons listed in this paragraph are -

(a) a person associated with the Government of the Democratic

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