(1) The Secretary of State may, in accordance with the North Korea Regulation, by licence authorise an activity which would otherwise be prohibited by a listed provision.
(2) The prohibitions in the relevant listed provision do not apply to anything done under the authority of a licence under paragraph (1).
(3) In this article, "listed provision" means any of the following provisions of the North Korea Regulation, Articles 3(1), 5, 7(1), 10(1), 11, 12, 13, 15, 16a, 16b, 16c, 16d, 16f, 16h, 16j, 16k, 16l, 16m, 16n, 16p and 18.
(4) A licence must specify the acts authorised by it and may be -
(a) general or granted to a category of persons or to a particular person;
(b) subject to conditions;
(c) of indefinite duration or subject to an expiry date.
(5) The Secretary of State may vary, suspend or revoke a licence at any time.
(6) On the grant, variation, suspension or revocation of a licence, the Secretary of State must -
(a) in the case of a licence granted to a particular person, g