Trade and Industry Department | The Government of the Hong Kong Special Administrative Region

24-hour hotline : 23 922 922

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

Ref. : TRA CR 1006/14

25 March 2011

Dear Sirs,

Trade and Industry Department Circular

UNITED NATIONS SANCTIONS (IRAN) (AMENDMENT) REGULATION 2011

This is to announce for general information that on 25 March 2011 the Government gazetted the United Nations Sanctions (Iran) (Amendment) Regulation 2011 (L.N. 49 of 2011).

2.This Regulation, made under section 3 of the United Nations Sanctions Ordinance (Cap. 537, Laws of Hong Kong), amends the existing sanctions against Iran to implement the decisions of the United Nations Security Council under Resolution 1929. The Regulation covers, amongst others, the following:

  1. an amended scope of regulated prohibited items, specified items and specified prohibited items to cover additional items and technologies;
  2. prohibition against the transfer to Iran and certain persons of any technology or technical assistance related to any activity that relates to ballistic missiles capable of delivering nuclear weapons;
  3. prohibition against the sale to, and acquisition by, certain persons of any interest in a commercial activity which involves uranium mining and the provision of financial services to facilitate the acquisition of such interest by certain persons;
  4. prohibition against the provision of bunkering and other services to a ship owned or contracted by, or chartered to, certain persons under certain circumstances; and
  5. an expanded scope of persons and entities subject to financial sanctions and travel ban.

WARNING

3.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

4.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

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

Yours faithfully,

(Andrew SHIU)

for Director-General of Trade and Industry

Note : While every effort is made to ensure the accuracy of the above information, the Department can not guarantee this to be so and will not be held liable for any reliance placed on the same.