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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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Regulation 58 Leasing or chartering of ships and aircraft

(1) A person must not lease or charter a ship or an aircraft to -

(a) a designated person,

(b) a person acting on behalf of or at the direction of a designated person,

(c) a person, other than an individual, which is owned or controlled directly or indirectly (within the meaning of regulation 7) by a designated person, or

(d) a person connected with the DPRK.

(2) Paragraph (1) is subject to Part 9 (Exceptions and licences).

(3) A person who contravenes a prohibition in paragraph (1) commits an offence, but -

(a) it is a defence for a person charged with the offence of contravening paragraph (1)(a), ("P") to show that P did not know and had no reasonable cause to suspect that the person was a designated person;

(b) it is a defence for a person charged with the offence of contravening paragraph (1)(b) ("P") to show that P did not know and had no reasonable cause to suspect that the person was acting on behalf of or at the direction of a designated person;

(c) it is a defence for a person

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