Section 46P

A person must not directly or indirectly provide, to a person connected with Russia, financial services in pursuance of or in connection with an arrangement whose object or effect is— the export of jet fuel and fuel additives; the direct or indirect supply or delivery of jet fuel and fuel additives; directly or indirectly making jet fuel and fuel additives available to a person connected with Russia; or the direct or indirect provision of technical assistance relating to jet fuel and fuel additives. A person must not directly or indirectly make funds available to a person connected with Russia in pursuance of or in connection with an arrangement mentioned in paragraph (1). A person must not directly or indirectly provide financial services or funds in pursuance of or in connection with an arrangement whose object or effect is— the export of jet fuel and fuel additives to, or for use in, Russia; the direct or indirect supply or delivery of jet fuel and fuel additives to a place in Russia; directly or indirectly making jet fuel and fuel additives available— to a person connected with Russia, or for use in Russia; or the direct or indirect provision of technical assistance relating to jet fuel and fuel additives— to a person connected with Russia, or for use in Russia. Paragraphs (1) to (3) are subject to Part 7 (Exceptions and licences). A person who contravenes a prohibition in any of paragraphs (1) to (3) commits an offence, but— it is a defence for a person charged with an offence of contravening paragraph (1) or (2) (“P”) to show that P did not know and had no reasonable cause to suspect that the person was connected with Russia; it is a defence for a person charged with the offence of contravening paragraph (3) to show that the person did not know and had no reasonable cause to suspect that the financial services or funds (as the case may be) were provided in pursuance of or in connection with an arrangement mentioned in that paragraph.

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