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36.—(1) A person (“P”) commits an offence if P sells or purchases (directly or indirectly) Syrian public or public-guaranteed bonds issued after the date on which this Order comes into force to or from a person, entity or body falling within paragraph (4) if P knows or has reasonable cause to suspect that the sale or purchase is to or from such a person, entity or body.
(2) A person (“P”) commits an offence if P provides brokering services with respect to Syrian public or public-guaranteed bonds issued after the date on which this Order comes into force to a person, entity or body falling within paragraph (4) if P knows or has reasonable cause to suspect that the services are being provided to such a person, entity or body.
(3) A person (“P”) commits an offence if P assists a person, entity or body falling within paragraph (4) to issue Syrian public or public-guaranteed bonds, by providing—
(a)brokering services,
(b)advertising, or
(c)any other service with respect to such bonds,
if P knows or has reasonable cause to suspect that P is assisting such a person, entity or body.
(4) The following persons, entities and bodies fall within this paragraph—
(a)the State of Syria or its Government, and its public bodies, corporations and agencies;
(b)a credit or financial institution domiciled in Syria, including the Central Bank of Syria;
(c)a branch or subsidiary, wherever located, of a credit or financial institution domiciled in Syria;
(d)a credit or financial institution that is not domiciled in Syria, but is controlled by a person or entity domiciled in Syria;
(e)a person, entity or body acting on behalf of or at the direction of a legal person, entity or body falling within sub-paragraph (a), (b), (c) or (d);
(f)a legal person, entity or body owned or controlled by a person, entity or body falling within sub-paragraph (a), (b), (c), (d) or (e).
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