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The Government today (March 25) gazetted the United Nations Sanctions (Iran) (Amendment) Regulation 2011 (Amendment Regulation), which came into effect on the same date.
"The Amendment Regulation amends the existing sanctions against Iran to implement decisions of the United Nations Security Council under Resolution 1929," a government spokesman said.
The Amendment Regulation provides for:
* an amended scope of regulated prohibited items, specified items and specified prohibited items to cover additional items and technologies;
* 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;
* 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;
* 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
* an expanded scope of persons and entities subject to financial sanctions and travel ban.
Ends/Friday, March 25, 2011
Issued at HKT 16:31
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