LegalizeThe Libya (European Union Financial Sanctions) Regulations 2016
Made: 19th January 2016
Laid before Parliament: 19th January 2016
Coming into force: 20th January 2016
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PART 1 — General
Citation, commencement and application
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Interpretation
2
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PART 2 — Funds and Economic Resources
Freezing of funds and economic resources
3
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Making funds available to a designated person
4
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Making funds available for the benefit of a designated person
5
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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
7
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Credits to a frozen account
8
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Licences
9
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PART 3 — Offences
Contravention and circumvention of prohibitions
10
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Officers of a body corporate etc.
11
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Penalties
12
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Proceedings
13
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Consent to prosecution
14
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PART 4 — Miscellaneous
Information provisions
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 — Information Provisions
Reporting obligations of relevant institutions and others
1
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Powers to request information
2
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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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Signed
Charlie Elphicke — David Evennett — Two of the Lords Commissioners of Her Majesty's Treasury — 2016-01-19
Explanatory note
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Footnotes
[^f00001]: S.I. 2010/1834.
[^f00002]: 1972 c.68. Section 2(2) was amended by the Legislative and Regulatory Reform Act 2006 (c.51), section 27(1)(a) and the European Union (Amendment) Act 2008 (c.7), Schedule, Part 1. Paragraph 1A of Schedule 2 was inserted by the Legislative and Regulatory Reform Act 2006, section 28 and amended by S.I. 2007/1388 and the European Union (Amendment) Act 2008, Schedule, Part 1.
[^f00003]: OJ L 12 19.01.2016, p.1.
[^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 4A was inserted by the Financial Services Act 2012 (c.21), section 11(2) and amended most recently by S.I. 2015/910.
[^f00007]: As amended by S.I. 2006/3221 and S.I. 2013/3115.
[^f00008]: As amended by S.I. 2003/2066, S.I. 2007/3253, S.I. 2012/1906, S.I. 2013/1881 and S.I. 2015/575.
[^f00009]: As amended by S.I. 2007/126, S.I. 2007/3253 and S.I. 2012/1906.
[^f00010]: Section 22 was amended by the Financial Services Act 2012 (c.21), section 7(1).
[^f00011]: S.I. 2001/544 as amended, most recently by S.I. 2015/910.
[^f00012]: Schedule 2 was amended by the Dormant Bank and Building Society Accounts Act 2008 (c.31), section 15, Schedule 2, paragraph 1, the Regulation of Financial Services (Land Transactions) Act 2005 (c.24), section 1, the Financial Services Act 2012, section 7(2) to (5) and section 8 and by S.I. 2013/1881.
[^f00013]: 1995 c.46.
[^f00014]: 1947 c.44.
[^f00015]: S.I. 2011/605 as amended by SI 2011/2390, SI 2012/56, SI 2013/472, SI 2013/534 and SI 2013/2071.
[^f00016]: 1998 c.29.
[^f00017]: 2000 c.23.
Editorial notes
[^key-3620c350f4534fe47c24c396bb1d7643]: Regulations revoked (31.12.2020) by The Libya (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/1665), regs. 1(3), 85(2)
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