Statutory Instruments
UNITED NATIONS
Made
14th May 2003
Laid before Parliament
14th May 2003
Coming into force
4th June 2003
Whereas the Treasury are a government department designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in relation to (i) measures relating to the interruption or reduction, in part or completely, of economic relations with one or more countries which are not Member States, and (ii) measures relating to the movement of capital and to payments, between Member States and between Member States and countries which are not Member States;
Now, therefore, the Treasury, in exercise of the powers conferred upon them by that section, hereby make the following Regulations:
1.—(1) These Regulations may be cited as the Terrorism (United Nations Measures) Order 2001 (Amendment) Regulations 2003 and come into force on 4th June 2003.
(2) In these Regulations, “the Order” means the Terrorism (United Nations Measures) Order 2001(3).
2. Article 2(1) of the Order is amended by inserting after the definition of “body corporate”—
““Council Decision” means Council Decision 2002/974/EC implementing Article 2(3) of Regulation (EC) No 2580/2001 on specific restrictive measures directed against certain persons and entities with a view to combating terrorism and repealing Decision 2002/848/EC(4);”.
3.—(1) Article 4 of the Order is amended as follows.
(2) In sub-paragraph (1)(b), delete “or” in the last place it appears.
(3) At the end of sub-paragraph (1)(c), insert—
“or
(d)a person on the list (of natural and legal persons, groups and entities) in Article 1 of the Council Decision,”.
Jim Fitzpatrick
Nick Ainger
Two of the Lords Commissioners of Her Majesty’s Treasury
14th May 2003
(This note is not part of the Regulations)
These Regulations amend the Terrorism (United Nations Measures) Order 2001 so that the Treasury may, where they have reasonable grounds for suspecting that the person by, for or on behalf of whom any funds are held is or may be on the list of natural and legal persons, groups or entities in Article 1 of Council Decision 2002/974/EC, make a direction by notice that those funds are not to be made available to any person, in the absence of a licence granted by the Treasury.