Council Regulation (EU) No 965/2011

of 28 September 2011

amending Regulation (EU) No 204/2011 concerning restrictive measures in view of the situation in Libya

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof,

Having regard to Council Decision 2011/625/CFSP of 22 September 2011 amending Council Decision 2011/137/CFSP concerning restrictive measures in view of the situation in Libya1,

Having regard to the joint proposal from the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission,

Whereas:

(1)
On 2 March 2011, the Council adopted Regulation (EU) No 204/2011 concerning restrictive measures in view of the situation in Libya2.
(2)

Further to UN Security Council Resolution 2009 (2011), Decision 2011/625/CFSP provides, in particular, for new exemptions from the arms embargo, adjustments to the assets freeze of certain Libyan entities and for the possibility of making funds and economic resources available to such entities, and the resumption of certain Libyan flights, in order to support Libya’s economic recovery.

(3)

Some of those measures fall within the scope of the Treaty on the Functioning of the European Union and regulatory action at the level of the Union is necessary in order to implement them, in particular with a view to ensuring their uniform application by economic operators in all Member States.

(4)

In order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately upon its publication,

HAS ADOPTED THIS REGULATION: