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Council Regulation (EU) No 359/2011Show full title
Council Regulation (EU) No 359/2011 of 12 April 2011 concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Iran
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- Revised 08/04/20200.46 MB
- Revised 09/07/20190.43 MB
- Revised 09/04/20190.45 MB
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- Revised 13/04/20160.38 MB
- Revised 09/04/20150.34 MB
- Revised 12/04/20140.33 MB
- Revised 01/07/20130.33 MB
- Revised 12/03/20130.32 MB
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- Revised 24/03/20120.30 MB
- Revised 12/10/20110.25 MB
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Article 4
1.By way of derogation from Article 2, the competent authorities in the Member States, as listed in Annex II, may authorise the release of certain frozen funds or economic resources, or the making available of certain funds or economic resources, under such conditions as they deem appropriate, after having determined that the funds or economic resources are:
(a)necessary to satisfy the basic needs of persons listed in Annex I and their dependent family members, including payments for foodstuffs, rent or mortgage, medicines and medical treatment, taxes, insurance premiums, and public utility charges;
(b)intended exclusively for the payment of reasonable professional fees and the reimbursement of incurred expenses associated with the provision of legal services;
(c)intended exclusively for the payment of fees or service charges for routine holding or maintenance of frozen funds or economic resources; or
(d)necessary for extraordinary expenses, provided that the Member State concerned has notified all other Member States and the Commission of the grounds on which it considers that a specific authorisation should be granted, at least 2 weeks prior to the authorisation.
2.The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under paragraph 1.
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