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Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation (EU) No 961/2010

article  2d

CELEX:  02012R0267-20240913

1. Article 2a(3) and (4) do not apply in relation to proposed authorisations for the supply, sale, or transfer of items, materials, equipment, goods and technology, and the provision of any related technical assistance, training, financial assistance, investment, brokering or other services where the competent authorities consider them to be directly related to the following:
(a) the necessary modification of two cascades at the Fordow facility for stable isotope production;
(b) the export of Iran's enriched uranium in excess of 300 kilograms in return for natural uranium; or (c) the modernisation of the Arak reactor based on the agreed conceptual design and, subsequently, on the agreed final design of such reactor.
2. The competent authority granting an authorisation in accordance with paragraph 1 shall ensure the following:
(a) all activities are undertaken strictly in accordance with the JCPOA;
(b) the requirements, as appropriate, of the Guidelines as set out in the Nuclear Suppliers Group list have been met;
(c) rights to verify the end-use and end-use location of any supplied item have been obtained from Iran and can be exercised effectively.
Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation (EU) No 961/2010

article  2d

CELEX:  02012R0267-20240913

3. The Member State concerned shall notify:
(a) the UN Security Council and the Joint Commission ten days in advance of such activities;
(b) the IAEA within ten days of the supply, sale or transfer, in case of supplied items, materials, equipment, goods and technology included in the Nuclear Suppliers Group list.
4. The Member State concerned shall inform the other Member States, the Commission and the High Representative, within four weeks, of authorisations granted under this Article.