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Council Regulation (EU) No 36/2012Show full title
Council Regulation (EU) No 36/2012 of 18 January 2012 concerning restrictive measures in view of the situation in Syria and repealing Regulation (EU) No 442/2011
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Article 19
1.Article 14(2) shall not apply to the addition to frozen accounts of:
(a)interest or other earnings on those accounts; or
(b)payments due under contracts, agreements or obligations that were concluded or arose before the date on which the account became subject to this Regulation,
provided that any such interest, other earnings and payments are frozen in accordance with Article 14(1).
2.Article 14(2) shall not prevent financial or credit institutions in the Union from crediting frozen accounts where they receive funds transferred to the account of a listed natural or legal person, entity or body, provided that any additions to such accounts will also be frozen. The financial or credit institution shall inform the relevant competent authority about any such transaction without delay.
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