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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : TRA CR 1006/12

26 September 2014

Dear Sirs,

TRADE AND INDUSTRY DEPARTMENT CIRCULAR

UNITED NATIONS SANCTIONS (DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA)(AMENDMENT) REGULATION 2014

This is to announce for general information that on 26 September 2014 the Government gazetted the United Nations Sanctions (Democratic People's Republic of Korea) (Amendment) Regulation 2014 (the Regulation) (L.N. 115 of 2014).

2.The Regulation, made under section 3 of the United Nations Sanctions Ordinance (Cap. 537), amends the existing sanctions against the Democratic People's Republic of Korea (DPRK) to implement decisions of the United Nations Security Council (UNSC) in Resolution 2094, and to implement relevant decisions of the UNSC to expand the scope of sanctions against the DPRK under UNSC Resolution 1718 to cover updated lists of items, material, equipment, goods or technology.  The Regulation provides for-

  1. an expanded scope of items subject to sanctions to cover updated lists of items, material, equipment, goods or technology;
  1. prohibition against the supply, sale, transfer or carriage of luxury goods1 to a place in the DPRK;
  1. prohibition against the provision of financial services or the transfer of funds or other financial assets or economic resources that could contribute to a prohibited programme or activity to or by a regulated person; and
  1. prohibition against certain ships from entering waters of Hong Kong.

3.The provisions relating to the prohibition on luxury goods against the DPRK will come into operation on 26 December 2014 so as to allow a three-month transitional period for the public and the business sector to familiarise themselves with the new legal requirements and make necessary adjustments.

4.An English version and a Chinese version of the UNSC documents related to the Regulations are available at the Information Counter on G/F, Trade and Industry Department Tower for public inspection.  These documents can also be found at UN website http://www.un.org.

WARNING

5.Contravention to the prohibitions imposed by the Regulation attracts substantial penalties which may amount in some cases to imprisonment for 7 years and/or a fine.

IMPORTANT NOTE

6.This circular is NOT a statement of the Laws of Hong Kong and has NO legal status.  Anyone interested in the Regulation should refer to the Government Gazette for details.  The prohibitions in the Regulation will apply to any person and company/registered business irrespective of and notwithstanding the possession of valid licences issued by the Director-General of Trade and Industry under the Import and Export Ordinance (Cap. 60) and its subsidiary legislation and other Enactments.

ENQUIRIES

7.Enquiries concerning this circular can be directed to the undersigned at tel. no. 2398 5490.

Yours faithfully,

(Tony YUEN)

for Director-General of Trade and Industry

1. These items include –

  1. jewelry:
    1. jewelry which contains any, or any combination of, the following materials –
      1. pearl;
      2. diamond;
      3. sapphire;
      4. ruby;
      5. emerald;
      6. silver;
      7. gold;
      8. platinum
    2. jewelry means –
      1. a small object of personal adornment; or
      2. an article of personal use of a kind carried in the pocket, in the handbag or on a person;
and
  1. transportation item:
    1. a yacht;
    2. a motor vehicle constructed or adapted for the carriage of not more than 8 persons (including a driver).

 

Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.