(1) The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 [S.I. 2019/461, amended by S.I. 2019/843; S.I. 2020/591; S.I. 2020/950; S.I. 2022/500; and S.I. 2022/819.] are amended as follows.

(2) After regulation 37 (finance: exceptions from prohibitions) insert -

“37ZA. Finance: humanitarian exception

(1) The prohibitions in regulations 12 to 17 (asset-freeze etc.) are not contravened by a person (“P”) carrying out a relevant activity which is necessary -

(a) to ensure the timely delivery of humanitarian assistance, or

(b) to support other activities that support basic human needs, where Conditions A and B are met.

(2) Condition A is that the humanitarian assistance or other activities mentioned in paragraph (1) are carried out by -

(a) the United Nations, including its -

(i) programmes and funds,

(ii) other entities and bodies, and

(iii) specialised agencies and related organisations,

(b) international organisations,