The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) ( No. 2) Order 2016 (revoked)
UK Statutory Instrument 2016 No. 769 — creates 16 criminal offences.
- Made
- 13 July 2016
- In force from
- 10 August 2016
- Extent
- Not stated
- Subject
- International sanctions, export control and trade restrictions
- Made under
- Her by section 1 of the United Nations Act 1946, Saint Helena Act 1833
Explanatory note
(This note is not part of the Order) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.
This Order amends the Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012 (S.I. 2012/3066), as amended. This Order reflects and gives appropriate effect in specified Overseas Territories to additional sanctions measures adopted by the European Union in Council Decision (CFSP) 2016/849 and Council Regulation (EC) No 329/2007, most recently amended by Council Regulation (EU) 2016/841 of 27th May 2016. That Council Decision and Council Regulation (EU) 2016/841 also make minor changes to the implementation by the European Union of the sanctions recently adopted by the United Nations Security Council in resolution 2270 (2016). These UN sanctions were given effect in specified Overseas Territories in the Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) Order 2016 (S.I. 2016/630) and this Order gives effect to those minor changes. In particular this Order provides for the imposition of additional financial sanctions measures, including those related to investment in commercial activity or joint ventures with, and financing and provision of investment services to, certain North Korean persons. It also prevents certain transactions with North Korean persons and transfers of funds to and from North Korea. This Order also gives effect to a new sectoral prohibition relating to obtaining petroleum products.
Offences created by this instrument
- Investment in commercial activity article 10L(1) · Status not determined · Objective fault
- Joint ventures and ownership interests article 10M(1) · Status not determined · Objective fault
- Financing or financial assistance to North Korean persons article 10N · Status not determined · Objective fault
- Provision of investment services article 10O · Status not determined · Objective fault
- Transfers of funds to and from North Korea article 10P(1) · Status not determined · Objective fault
- Transfers of funds to and from North Korea article 10P(2) · Status not determined · Objective fault
- In article 7, for paragraphs (3) to (5), substitute— 3 It is an offence for a person to knowingly obtain from North… article 5 · Status not determined · Requires proof of a state of mind
- It is an offence for a relevant person to knowingly use a ship, aircraft or vehicle falling within paragraph (7) for… article 5 · Status not determined · Requires proof of a state of mind
- It is an offence for a relevant person to knowingly use a ship, aircraft or vehicle falling within paragraph (7) for… article 5 · Status not determined · Requires proof of a state of mind
- 1 A credit or financial institution (“P”) commits an offence if P provides financing or financial assistance for trade… article 7 · Status not determined · Objective fault
- 1 It is an offence for a person (“P”) to provide access to ports in the Territory to any vessel that P knows or has… article 8 · Status not determined · Objective fault
- Investment in commercial activity 10L 1 A person (“P”) commits an offence if P accepts or approves investment in any… article 9 · Status not determined · Objective fault
- Joint ventures and ownership interests 10M 1 A person (“P”) commits an offence if P— a establishes a joint venture… article 9 · Status not determined · Objective fault
- Financing or financial assistance to North Korean persons 10N A person (“P”) commits an offence if P grants financing… article 9 · Status not determined · Objective fault
- Provision of investment services 10O A person (“P”) commits an offence if P provides investment services knowing or… article 9 · Status not determined · Objective fault
- Transfers of funds to and from North Korea 10P 1 A person (“P”) commits an offence if P transfers funds knowing or… article 9 · Status not determined · Objective fault
What Parliament said about it
Hansard was searched for this instrument by name and returned nothing. That is the ordinary outcome: an instrument laid under the negative procedure is usually never debated, and becomes law without a word said about it in either House.
How Parliament handled it
Parliament's Statutory Instruments service records procedure from May 2017 onwards, and this instrument predates it. That is a limit of the source, not a statement that nothing happened.
Check the source
- This instrument on legislation.gov.uk The authoritative text, including amendments made since
- Other instruments from 2016