Singapore legislation

Regulation 9A

of United Nations (Sanctions — Democratic People’s Republic of Korea) Regulations 2010

Regulation 9A

Prohibition against participating in joint ventures, etc.

Amended byS 590/2017 wef 20/10/2017

A person in Singapore or a citizen of Singapore outside Singapore must not participate in any joint venture or any other business arrangement, whether directly or indirectly, with —

(a)

any individual or entity from the Democratic People’s Republic of Korea;

(b)

any entity owned or controlled by an individual or entity mentioned in paragraph (a); or

(c)

any individual or entity who acts on behalf of or under the direction of an individual or entity mentioned in paragraph (a).