(1) A person shall not knowingly —
(a) deal, whether directly or indirectly, with property that is —
(i) owned or controlled, by a listed entity,
(ii) wholly or jointly owned or controlled, directly or indirectly, by a listed entity,
(iii) derived or generated from funds or other assets that is owned or controlled, directly or indirectly, by a listed entity,
(iv) owned or controlled by a person acting on behalf of or at the direction of a listed entity,
(v) owned or controlled, directly or indirectly, by —
(A) the Government or a political party of a proscribed country;
(B) a person acting on behalf of, or at the direction of the Government or a political party of a proscribed country;
(C) a person controlled by the Government or a political party of a proscribed country, which is associated with a nuclear or ballistic programme of that Government or a political party of a proscribed country or any other activity prohibited by this Act;
(b) deal in property for the benefit of a listed entity;
(c) enter into a financial transaction, whether directly or indirectly, or provide financial or other related services in respect of property that is —
(C) a person controlled by the Government or a political party of a proscribed country, which is associated with a nuclear or ballistic programme of that Government or a political party of a proscribed country or any other activity prohibited by this Act.
(2) A person who contravenes subsection (1) commits an offence and is liable, on conviction on indictment, to a fine not exceeding one million dollars or to imprisonment for a term not exceeding twenty- five years or both.