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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 83 Transfers of funds: exceptions from prohibitions

(1) The prohibitions in regulation 28 (transfers of funds etc.) are not contravened by a person making or receiving a transfer of funds which -

(a) relates to a transaction mentioned in paragraph (2), and

(b) is of a value of £13,000 or less.

(2) The transactions are -

(a) a transaction relating to foodstuffs, healthcare or medical equipment;

(b) a transaction for agricultural or humanitarian purposes;

(c) a transaction which by virtue of this Part or a licence under this Part, does not contravene a prohibition in these Regulations;

(d) a transaction which relates to an activity which is mentioned in Part 6, and which is neither prohibited by that Part nor relates to anything prohibited by that Part;

(e) a transaction which is for the official purposes of a diplomatic or consular mission of the DPRK;

(f) transactions required exclusively for the implementation of projects which are funded by any part of the Government of the United Kingdom which are for -

(i) development purposes dire

Comparing proposed amendment...