Chapter:	537AF	Title:	UNITED NATIONS SANCTIONS (IRAN) REGULATION	Gazette Number:	L.N. 49 of 2011
Section:	13	Heading:	Licence or permission granted by authorities of places outside HKSAR	Version Date:	25/03/2011

(1) If the circumstances described in subsection (2) apply, a provision of this Regulation that prohibits the doing of a thing by a person except under the authority of a licence does not have effect in relation to any such thing done in a place outside the HKSAR by the person.
(2) For the purposes of subsection (1), the circumstances are that the thing is done by the person under the authority of a licence or with permission granted, in accordance with any law in force in that place outside the HKSAR (being a law substantially corresponding to the relevant provision of this Regulation), by the authority competent in that behalf under that law.