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e-mail address : enquiry@tid.gov.hk

Ref. : TRA CR 1006/14

9 May 2008

Dear Sirs,

TRADE AND INDUSTRY DEPARTMENT CIRCULAR

UNITED NATIONS SANCTIONS (IRAN) (AMENDMENT) REGULATION 2008

This is to announce for general information that on 9 May 2008 the Government gazetted the United Nations Sanctions (Iran) (Amendment) Regulation 2008 (L.N. 111 of 2008).

2. This Regulation, made under section 3 of the United Nations Sanctions Ordinance (Cap. 537), is to give effect to certain decisions of the Security Council of the United Nations (UN) in Resolution 1803 (2008) of 3 March 2008. The Regulation covers, among others, for the following:

1. amends the definition of "regulated prohibited item" in section 1 of the principal Regulation to cover additional items and technologies; 
   
   
2. amends the requirements for the granting of a licence for the supply, delivery, transfer or carriage of certain "specified prohibited items" (defined in section 1 of the principal Regulation); 
   
   
3. extends the prohibition against making available to or for the benefit of certain persons and entities any funds or other financial assets or economic resources to additional persons and entities; and
   
   
4. provides for the prohibition against the entry into or transit through the HKSAR by certain persons.
   

An English version and a Chinese version of the UN documents S/2006/814 and S/2006/815 are available at the Information Counter on G/F, Trade and Industry Department Tower for public inspection. These UN documents can also be found at the UN website http://www.un.org.

WARNING

4. Contravention to the prohibitions imposed by the Regulation attracts substantial penalties which may amount in some cases to imprisonment for 7 years and/or a fine.

IMPORTANT NOTE

5. This circular is NOT a statement of the Laws of Hong Kong and has NO legal status. Anyone interested in the Regulation should refer to the Government Gazette for details. The prohibitions in the Regulation will apply to any person and company/registered business irrespective of and notwithstanding the possession of valid licences issued by the Director-General of Trade and Industry under the Import and Export Ordinance (Cap. 60) and its subsidiary legislation and other Enactments.

ENQUIRIES

6. Enquiries concerning this circular can be directed to the undersigned at tel. no. 2398 5766.

Yours faithfully,

(Miss May LOK)

for Director-General of Trade and Industry

Note: While every endeavour has been made to ensure the accuracy of the above information, the Department will not accept any responsibility for any loss or consequence caused by any reliance placed on such information.