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Prohibition against selling or making available interest in certain commercial activities

United Nations (Sanctions — Iran) Regulations 2019

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—(1) A person in Singapore or a citizen of Singapore outside Singapore must not sell or otherwise make available an interest in a sensitive commercial activity to —(a)Iran;(b)a person who is in Iran or who is a citizen of Iran;(c)an entity incorporated in Iran or subject to its jurisdiction;(d)an individual or entity acting on behalf of or on the direction of Iran, or a person or entity mentioned in sub‑paragraph (b) or (c); or(e)an entity owned or controlled by Iran or a person or entity mentioned in sub‑paragraph (b) or (c).(2) In paragraph (1), “sensitive commercial activity” means a commercial activity —(a)involving uranium mining;(b)involving uranium production;(c)involving the use of any nuclear material or technology listed in INFCIRC/254/Rev.12/Part 1, which is updated from time to time and made available on the Internet through the official United Nations website at http://www.un.org/en/sc/2231/;(d)related to the supply, sale, transfer, manufacture or use of any item, material, equipment, goods or technology —(i)set out in the list in the United Nations Security Council document S/2015/546, which is updated from time to time and made available on the Internet through the official United Nations website at http://www.un.org/en/sc/2231/; or(ii)that could contribute to the development of nuclear weapon delivery systems; or(e)related to any activity undertaken by Iran related to ballistic missiles designed to be capable of delivering nuclear weapons, including launches using such ballistic missile technology.

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