Relevant processed diamonds: unsorted diamonds

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Part 2 - Diamonds

The Russia (Sanctions) (EU Exit) Regulations 2019

Regulation 46Z16Q(1): relevant processed diamonds means diamonds which were mined in Russia and have been processed in a third country. Relevant day means 1st March 2024 in relation to diamonds equal to or larger than 1 carat, and 1st September 2024 in relation to diamonds equal to or larger than 0.5 carats. Paragraph 1 of Schedule 3 applies for the purposes of interpreting the definition of diamonds in paragraph (1). For the purposes of this Chapter, diamonds are processed where they are— a altered; b transformed in any way; or c subjected to any other type of operation or process. Chapter 4JC includes prohibitions on import, technical assistance, financial services and funds, and brokering services; relevant prohibitions are subject to Part 7 (Exceptions and licences).