16.—(1) A person to whom this Order applies (“P”) commits an offence if P knowingly —
(a)sells, supplies, transfers or exports equipment or technology to be used in the construction or installation in Syria of new power plants for electricity production, as listed in Annex VII to the Council Regulation, or
(b)provides (directly or indirectly) financial or technical assistance in relation to any project referred to in paragraph (a).
(2) Paragraph (1) does not apply to the performance of an obligation required by a contract or agreement which was concluded before the date on which this Order comes into force, provided that the person or entity seeking to rely on this paragraph has notified the Governor of the Territory in which it is established at least 21 calendar days in advance.