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 Common Position 2004/487/CFSP of 29 April 2004 concerning further restrictive measures in relation to Liberia,
Having regard to the joint proposal of the High Representative of the Union for Foreign Affairs and Security Policy and of the European Commission,
Whereas:
(1)
Council Regulation (EC) No 872/2004 provides for the freezing of funds and economic resources of the natural and legal persons, bodies and entities listed in the Annex to that Regulation.
(2)
On 5 October 2015, the Council adopted Decision (CFSP) 2015/1782 implementing United Nations Security Council Resolution 2237 (2015) of 2 September 2015 which terminated the travel ban and asset freeze measures imposed by paragraph 4 of UNSCR 1521 (2003) and paragraph 1 of UNSCR 1532 (2004), respectively.
(3)
It is therefore appropriate to repeal Regulation (EC) No 872/2004 with immediate effect,
HAS ADOPTED THIS REGULATION: