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The United Nations and European Union Financial Sanctions (Linking) (Amendment) (No. 2) Regulations 2017

S.I. 2017/1071 · Made 7 November 2017

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

European Union

United Nations

Made 7th November 2017

Laid before Parliament 8th November 2017

Coming into force 29th November 2017

The Treasury, in exercise of the powers conferred by section 154 of the Policing and Crime Act 2017f1, make the following Regulations.

Annotations to the whole text

Footnotes

f1

2017 c.3.

Contents

  1. 1Citation and commencement
  2. 2Amendment to the United Nations and European Union Financial Sanctions (Linking) Regulations 2017
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the United Nations and European Union Financial Sanctions (Linking) (Amendment) (No. 2) Regulations 2017 and come into force on 29th November 2017.

2Amendment to the United Nations and European Union Financial Sanctions (Linking) Regulations 2017

In the Schedule to the United Nations and European Union Financial Sanctions (Linking) Regulations 2017f1, in the table, after the entry for the United Nations Security Council Resolution 1970 (2011), insert—

“

United Nations Security Council Resolution 2374 (2017)

Council Regulation (EU) 2017/1770 of 28th September 2017 concerning restrictive measures in view of the situation in Malif2.

”

Signature

David Rutley

David Evennett

Two of the Lords Commissioners of Her Majesty’s Treasury

7th November 2017

Explanatory note

(This note is not part of these Regulations)

These Regulations amend the United Nations and European Union Financial Sanctions (Linking) Regulations 2017 (S.I. 2017/478) so that United Nations Security Council Resolution 2374 (2017) of 5th September 2017 and Council Regulation (EU) 2017/1770 of 28th September 2017 concerning restrictive measures in view of the situation in Mali (OJ No. L 251, 29.09.2017, p.1) are linked for the purposes of section 155 of the Policing and Crime Act 2017 (c.3), which provides that where a person is designated under a UN financial sanctions Resolution, they will be treated for a temporary period as being designated under the corresponding EU financial sanctions Regulation.

An impact assessment has not been prepared for this instrument because no impact on the private or voluntary sector is foreseen.

Further information is available from the Office of Financial Sanctions Implementation, H. M. Treasury, 1 Horse Guards Road, London SW1A 2HQ and on H.M. Treasury website (www.gov.uk/government/organisations/hm-treasury).