LegalizeThe Iraq (Asset-Freezing) Regulations 2012
Made: 11th June 2012
Laid before Parliament: 11th June 2012
Coming into force: 2nd July 2012
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Citation, commencement and application
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Interpretation
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Freezing of funds and economic resources
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Making funds available to a designated person
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Making funds available for the benefit of a designated person
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Making economic resources available to a designated person
6
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Making economic resources available for the benefit of a designated person
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Credits to a frozen account
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Licences
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Contravention and circumvention of prohibitions
10
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Information provisions
11
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Officers of a body corporate etc.
12
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Penalties
13
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Proceedings
14
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Consent to prosecution
15
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Notices
16
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The Crown
17
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Revocation
18
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Saving
19
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SCHEDULE 1 — Information Provisions
Reporting obligations of relevant institutions and others
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Powers to request information
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Production of documents
3
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Failure to comply with request for information
4
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General power to disclose information
5
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Application of provisions
6
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Interpretation
7
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SCHEDULE 2 — Revocations
| (1) | (2) | (3) |
|---|---|---|
| Provisions revoked | References | Extent of revocation |
| The Iraq (United Nations Sanctions) Order 2000 | S.I. 2000/3241 | The whole Order in Council |
| The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 | S.I. 2001/3649 | Article 599 |
| The Iraq (United Nations Sanctions) Order 2003 | S.I. 2003/1519 | Article 3 In article 4, the definition of “Development Fund for Iraq” Articles 9 and 10 Schedule 1 |
| The Iraq (United Nations Sanctions)(Amendment) Order 2004 | S.I. 2004/1498 | The whole Order in Council |
| The Iraq (United Nations Sanctions) Order 2000 (Amendment) Regulations 2004 | S.I. 2004/1660 | The whole Regulations |
| The Iraq (United Nations Sanctions) Order 2000 (Amendment No. 2) Regulations 2004 | S.I. 2004/1779 | The whole Regulations |
Signed
James Duddridge — Angela Watkinson — Two of the Lords Commissioners of Her Majesty's Treasury — 2012-06-11
Explanatory note
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Footnotes
[^f00001]: S.I. 2010/1834.
[^f00002]: 1972 c.68. Section 2(2) was amended by section 27(1)(a) of the Legislative and Regulatory Reform Act 2006 (c.51) and the European Union (Amendment) Act 2008 (c.7), Schedule, Part 1. Paragraph 1A of Schedule 2 was inserted by section 28 of the Legislative and Regulatory Reform Act 2006 and amended by S.I. 2007/1388 and the European Union (Amendment) Act 2008, Schedule, Part 1.
[^f00003]: OJ L 169, 8.7.2003, p.6, as amended most recently by Commission Implementing Regulation (EU) No. 88/2012 (OJ L 30, 2.2.2012, p.11).
[^f00004]: 1981 c.61. Part 4 was amended by the British Overseas Territories Act 2002 (c.8), section 1(1)(b) and the Nationality, Immigration and Asylum Act 2002 (c.41), sections 15 and 161, Schedule 2, paragraph 1(i) and Schedule 9.
[^f00005]: 2000 c.8.
[^f00006]: Part 4 was amended by the Financial Services Act 2010 (c. 28), section 3(1), (2) and (3) and most recently by S.I. 2011/1043, article 6(1)(e), (2)(b) and (3).
[^f00007]: As amended by S.I. 2006/3221.
[^f00008]: As amended by the Enterprise Act 2002 (c.40), section 278(1), Schedule 25, paragraph 40(1) and (19)(a), and the Consumer Credit Act 2006 (c.14), section 33(9) and by S.I. 2003/2066 and S.I. 2007/3253.
[^f00009]: As amended by S.I. 2007/126 and S.I. 2007/3253.
[^f00010]: S.I. 2001/544 as amended, most recently by S.I. 2011/2687.
[^f00011]: 1995 c.46.
[^f00012]: 1947 c.44.
[^f00013]: S.I. 2000/3241.
[^f00014]: 1998 c.29.
[^f00015]: 2000 c.23.
Editorial notes
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