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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Regulation 40 Prohibitions relating to the associated provision of financial services and funds

(1) A person must not directly or indirectly provide financial services or funds in pursuance of or in connection with an arrangement whose object or effect is -

(a) the import of goods to which regulation 36 applies which -

(i) originate in Syria, or

(ii) are consigned from Syria;

(b) the direct or indirect acquisition of goods or technology to which regulation 37(1) applies -

(i) originating in Syria, or

(ii) located in Syria;

(c) the direct or indirect supply or delivery of goods to which regulation 38(1) applies from a place in Syria to a third country, where those goods -

(i) originate in Syria, or

(ii) are consigned from Syria;

(d) the direct or indirect supply or delivery of crude oil and petroleum products from a place in a non-UK country to a place in a different non-UK country where the crude oil or petroleum products originate in Syria;