Financial Sanctions 2016

The above Order has now been made and published and comes into force on 14 December 2016 and can be found here.

The Order amends articles 9, 10, 12 and 14 of the Iran (Sanctions) (Overseas Territories) Order 2016 to include a specific prohibition on the use of ships, aircrafts and vehicles to carry certain goods from Iran.  Those articles already include prohibitions on the use of ships etc. to carry specified goods to Iran.  They also contain prohibitions on the transport of certain goods from Iran but, following internal review, it was identified that the prohibitions should be expanded to specifically include the use of ships, aircraft and vehicles for this purpose, which is consistent with UN and EU sanctions against Iran