Section 3(2)

For the purposes of section 1(5)(a) regulations also “impose financial sanctions” if they impose prohibitions or requirements for the purpose of preventing persons from entering into, or continuing to be a party to, arrangements for commercial purposes, or for prescribed commercial purposes, with— designated persons, persons connected with a prescribed country, or a prescribed description of persons connected with a prescribed country.

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Source: legislation.gov.uk · retrieved 2026-08-30