Document ID: chunk:federal_register_of_legislation:F2024C01132:reg:3
Version: federal_register_of_legislation:F2024C01132
Segment Type: reg
Provision Reference: reg 3
Character Range: 44237–46015

3     An entity owned or controlled by a DPRK person or entity.

 (3) For the purposes of these Regulations, sanctioned commercial activity also means:
 (a) the obtaining of any asset that is a tenement or permission (however described) in relation to an extractive or related industry in the DPRK; or
 (b) the obtaining of any asset that is a tenement or permission (however described) in relation to the creation, construction, installation, development, maintenance or decommissioning of infrastructure associated with an extractive or related industry in the DPRK; or
 (c) the use of, dealing with or making available of any asset for the purpose of obtaining any tenement or permission (however described) in relation to an extractive or related industry in the DPRK; or
 (d) the use of, dealing with or making available of any asset for the purpose of obtaining any tenement or permission (however described) in relation to the creation, construction, installation, development, maintenance or decommissioning of infrastructure associated with an extractive or related industry in the DPRK.
 (4) For the purposes of these Regulations, sanctioned commercial activity also means:
 (a) the obtaining, directly or indirectly, of any tenement or permission (however described) in relation to an extractive or related industry in the DPRK from a person or entity mentioned in an item of the table in subregulation (2); or
 (b) the obtaining, directly or indirectly, of any tenement or permission (however described) in relation to the creation, construction, installation, development, maintenance or decommissioning of infrastructure associated with an extractive or related industry in the DPRK from a person or entity mentioned in an item of the table in subregulation (2).