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Council Regulation (EC) No 618/2007Show full title

Council Regulation (EC) No 618/2007 of 5 June 2007 amending Regulation (EC) No 423/2007 concerning restrictive measures against Iran

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Article 1

Regulation (EC) No 423/2007 is hereby amended as follows:

(a)

in Article 2, the current text shall be numbered as paragraph 1 and the following paragraph 2 shall be added:

2.Annex I shall not include goods and technology included in the Common Military List of the European Union(1).;

(b)

in Article 5, paragraph 1 shall be replaced by the following:

1.It shall be prohibited:

(a)to provide, directly or indirectly, technical assistance related to the goods and technology listed in the Common Military List of the European Union, or related to the provision, manufacture, maintenance and use of goods included in that list, to any natural or legal person, entity or body in, or for use in, Iran;

(b)to provide, directly or indirectly, technical assistance or brokering services related to the goods and technology listed in Annex I, or related to the provision, manufacture, maintenance and use of goods listed in Annex I, to any natural or legal person, entity or body in, or for use in, Iran;

(c)to provide investment to enterprises in Iran engaged in the manufacture of goods and technology listed in the Common Military List of the European Union or in Annex I;

(d)to provide, directly or indirectly, financing or financial assistance related to the goods and technology listed in the Common Military List of the European Union or in Annex I, including in particular grants, loans and export credit insurance, for any sale, supply, transfer or export of such items, or for any provision of related technical assistance to any natural or legal person, entity or body in, or for use in, Iran;

(e)to participate, knowingly and intentionally, in activities, the object or effect of which is to circumvent the prohibitions referred to in points (a) to (d).

The prohibitions set out in this paragraph shall not apply to non-combat vehicles which have been manufactured or fitted with materials to provide ballistic protection, intended solely for protective use of personnel of the EU and its Member States in Iran.;

(c)

in Article 8, point (a) shall be replaced by the following:

‘(a)

the funds or economic resources are the subject of a judicial, administrative or arbitral lien established before the date on which the person, entity or body referred to in Article 7 has been designated by the Sanctions Committee, the Security Council or by the Council or of a judicial, administrative or arbitral judgment rendered prior to that date.;

(d)

in Article 11, paragraph 2, point (b) shall be replaced by the following:

‘(b)

payments due under contracts, agreements or obligations that were concluded or arose before the date on which the person, entity or body referred to in Article 7 has been designated by the Sanctions Committee, the Security Council or by the Council.

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