{
  "url": "https://openlegislation.uk/eu-regulation-2011-1360/introduction",
  "json_url": "https://openlegislation.uk/eu-regulation-2011-1360/introduction.json",
  "legislation": "eur/2011/1360",
  "legislation_title": "Council Regulation (EU) No 1360/2011 of 20 December 2011 amending Regulation (EU) No 204/2011 concerning restrictive measures in view of the situation in Libya",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2011-1360",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Council Regulation (EU) No 1360/2011\nof 20 December 2011\namending Regulation (EU) No 204/2011 concerning restrictive measures in view of the situation in Libya\nTHE COUNCIL OF THE EUROPEAN UNION,\nHaving regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof,\nHaving regard to Council Decision 2011/867/CFSP of 20 December 2011 amending Decision 2011/137/CFSP concerning restrictive measures in view of the situation in Libya,\nHaving regard to the joint proposal from the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission,\nWhereas:\n(1)\nOn 2 March 2011, and further to Council Decision 2011/137/CFSP of 28 February 2011 concerning restrictive measures in view of the situation in Libya, the Council adopted Regulation (EU) No 204/2011 concerning restrictive measures in view of the situation in Libya. Regulation (EU) No 204/2011 provides in particular for the freezing of funds and economic resources of the Central Bank of Libya as well as those of the Libyan Arab Foreign Bank.\n(2)\nIn light of UNSCR 2009 (2011), and further to Decision 2011/625/CFSP of 22 September 2011 amending Decision 2011/137/CFSP, Regulation (EU) No 965/2011 provides in particular for adjustments to the assets freeze of certain Libyan entities in order to support Libya’s economic recovery.\n(3)\nOn 16 December 2011, the Security Council Committee established pursuant to UNSCR 1970 (2011) decided that the measures concerning the Central Bank of Libya and Libyan Arab Foreign Bank should be terminated. In line with Decision 2011/867/CFSP, Regulation (EU) No 204/2011 should therefore be amended.\n(4)\nThese measures fall within the scope of the Treaty on the Functioning of the European Union and, therefore, in particular with a view to ensuring their uniform application by economic operators in all Member States, regulatory action at the level of the Union is necessary in order to implement them.\n(5)\nIn order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately,\nHAS ADOPTED THIS REGULATION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "See page 56 of this Official Journal."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "OJ L 58, 3.3.2011, p. 53."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "OJ L 58, 3.3.2011, p. 1."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "OJ L 246, 23.9.2011, p. 30."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2011/1360/introduction",
    "retrieved_at": "2026-11-01T14:49:40.419071+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}