Mr Gove, the Environment Secretary, said the ban will be "one of the world's toughest" and it is hoped it will help protect elephant numbers which have declined by nearly a third in the last decade with approximately 20,000 a year still slaughtered for their ivory.
It follows a Government consultation in which 88 per cent of the 70,000 people who responded said they would welcome a ban.
The UK is set to introduce one of the "toughest" ivory bans in the world in a bid to protect elephants for future generations, the Environment Secretary has said. Those found in violation of the ban could face up to five years in jail and an unlimited fine.
Elephant populations are at a tipping point with the species facing extinction due to the ivory poaching crisis which is killing at least 20,000 elephants each year.
Exemptions from the ban have been tightened since the consultation was published.
Commercial activities between accredited museums are also exempt, while exemption permits can be sought for items more than a century old assessed as being among the rarest of their type.
Tusk's chief executive Charlie Mayhew welcomed the "tough legislation" and said the "narrowly defined exemptions are pragmatic".
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The UK has always been a global leader in the worldwide fight against the illegal ivory trade.
The U.S. announced its own sweeping ban on the commercial trade of ivory in 2016, but it was partially lifted last month by the Trump administration after the U.S. Fish and Wildlife Service opened the door to some trophy hunters hoping to import the tusks of animals they kill overseas.
Ivory can also be harvested from hippos, walruses and narwhals but is mostly taken from elephants.
Musical instruments made before 1975 and comprised of less than 20 per cent ivory.
"If we want to stop the poaching of this majestic animal, we need global action", she added.
As part of the action to tackle the Ivory trade, at a recent European Environment Council, the United Kingdom called for EU member states to ban commercial trade in raw ivory - which is already banned in the United Kingdom - within the EU as soon as possible.
As profits become ever greater, the illegal wildlife trade has become a transnational organised enterprise, estimated to be worth up to £17 billion a year. China has always been one of the world's biggest markets for ivory, but as of 2018 all trade in ivory and ivory products in the country is illegal. Not only does the ivory trade kill innocent adult elephants, it disrupts family herds and leaves traumatized, defenseless orphans behind.