Chapter:	537AF	Title:	UNITED NATIONS SANCTIONS (IRAN) REGULATION	Gazette Number:	L.N. 49 of 2011
Section:	8AA	Heading:	Prohibition against sale and acquisition of interest in commercial activity involving uranium mining	Version Date:	25/03/2011

(1) A specified person must not sell or otherwise make available, directly or indirectly, an interest in a specified commercial activity to a prohibited person.
(2) A specified person must not knowingly provide, directly or indirectly, any financial services or related services that facilitate the acquisition of an interest in a specified commercial activity by a prohibited person.
(3) A prohibited person must not, directly or indirectly, acquire an interest in a specified commercial activity.
(4) A person who contravenes subsection (1) commits an offence and is liable—

(a) on conviction on indictment to a fine and to imprisonment for 7 years; or
(b) on summary conviction to a fine at level 6 and to imprisonment for 6 months.

(a) on conviction on indictment to a fine and to imprisonment for 7 years; or
(b) on summary conviction to a fine at level 6 and to imprisonment for 6 months.

(a) on conviction on indictment to a fine and to imprisonment for 7 years; or
(b) on summary conviction to a fine at level 6 and to imprisonment for 6 months.

(a) that the interest concerned was an interest in a specified commercial activity; or
(b) that the interest concerned was sold or otherwise made available to a prohibited person.

(a) Iran;
(b) a national of Iran;
(c) an entity incorporated in Iran or subject to Iranian jurisdiction;
(d) a person or entity acting on behalf of, or at the direction of, Iran, a national of Iran or an entity mentioned in paragraph (c); or
(e) an entity owned or controlled by Iran, a national of Iran or an entity mentioned in paragraph (c).

(a) uranium-enrichment and reprocessing activities;
(b) all heavy-water activities; and
(c) activities that involve technology related to ballistic missiles capable of delivering nuclear weapons.

(a) a person acting in the HKSAR; and
(b) a person acting outside the HKSAR who is—
(i) both a Hong Kong permanent resident and a Chinese national; or
(ii) a body incorporated or constituted under the law of the HKSAR.