Explanatory note
(This note is not part of the Regulations)
These Regulations revoke the Liberia (Asset-Freezing) Regulations 2012 (S.I. 2012/1516) as the EU Regulation on which they are based has been repealed.
The Liberia (Asset-Freezing) Regulations 2012 implemented in the United Kingdom Council Regulation (EC) 872/2004 (OJ No. L 162, 30.4.2004, p.32), which concerned the freezing of funds of the former Liberian President Charles Taylor and those persons and entities associated with him.
Council Regulation (EU) No. 2015/1776 (OJ No. L 259, 6.10.2015, p.1) repealed Council Regulation (EC) No. 872/2004, meaning that the UK implementing Regulations may now be revoked.