Singapore legislation

Regulation 8

of United Nations (Sanctions — Iran) Regulations 2019

Regulation 8

Prohibition against selling or making available interest in certain commercial activities

Subregulation 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).

Subregulation 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.