Section 46Z38(1)

A person must not directly or indirectly provide brokering services in relation to an arrangement (“arrangement A”) whose object or effect is— directly or indirectly making sectoral software and technology available in a third country for transfer— to a person connected with Russia, or to a place in Russia; the transfer of sectoral software and technology from a place in a third country— to a person connected with Russia, or to a place in Russia; the direct or indirect provision, in a non-UK country, of technical assistance relating to sectoral software and technology— to a person connected with Russia, or for use in Russia; the direct or indirect provision, in a non-UK country, of financial services— to a person connected with Russia, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 46Z37(1), or where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 46Z37(3); directly or indirectly making funds available, in a non-UK country, to a person connected with Russia, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 46Z37(1); or the direct or indirect provision of funds from a non-UK country, where arrangement A, or any other arrangement in connection with which arrangement A is entered into, is an arrangement mentioned in regulation 46Z37(3).

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