The Republic of Mali (European Union Financial Sanctions) Regulations 2017

Made: 9th October 2017

Laid before Parliament: 10th October 2017

Coming into force: 31st October 2017

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 1 — General

Citation, commencement and application

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interpretation

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 2 — Funds and Economic Resources

Freezing of funds and economic resources

3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Making funds available to a designated person

4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Making funds available for the benefit of a designated person

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Making economic resources available to a designated person

6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Making economic resources available for the benefit of a designated person

7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Credits to a frozen account

8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Licences

9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 3 — Offences

Contravention and circumvention of prohibitions

10

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Officers of a body corporate etc

11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Penalties

12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Proceedings

13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Consent to prosecution

14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 4 — Miscellaneous

Information provisions

15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notices

16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Crown

17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE

INFORMATION PROVISIONS

Reporting obligations of relevant institutions and others

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Powers to request information

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Production of documents

3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Failure to comply with request for information

4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General power to disclose information

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application of provisions

6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signed

Heather Wheeler — David Evennett — Two of the Lords Commissioners of Her Majesty's Treasury — 2017-10-09

Explanatory note

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 1(1)(d) of Schedule 2 to the 1972 Act is modified by section 144 of the Policing and Crime Act 2017 (c.3), in relation to the exercise of the powers conferred by section 2(2) of the 1972 Act, for the purposes of implementing, or otherwise in relation to, EU obligations created or arising by or under an EU financial sanctions Regulation, as defined by section 143 of the 2017 Act. Paragraph 1A of Schedule 2 to the 1972 Act 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 No. L 251, 29.09.2017, 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. 2017/701.

[^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, S.I. 2012/1906 and S.I. 2017/701.

[^f00010]: Section 22 was amended by the Financial Services Act 2012, section 7(1).

[^f00011]: 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.

[^f00012]: 2003 c.44.

[^f00013]: 1995 c.46.

[^f00014]: 1947 c.44.

[^f00015]: 2006 c.46. Section 1210 was amended by S.I. 2008/565, S.I. 2008/567, S.I. 2008/1950, S.I. 2012/1809, S.I. 2013/3115 and S.I. 2017/516.

[^f00016]: 2014 c.2.

[^f00017]: 2005 c.19.

[^f00018]: 1979 c.38. Section 1 was amended by paragraph 40 of Schedule 1 to the Law Reform (Miscellaneous Provisions) (Scotland) Act 1985 (c.73), paragraph 42 of Schedule 2 to the Planning (Consequential Provisions) Act 1990 (c.11), paragraph 28 of Schedule 2 to the Planning (Consequential Provisions) (Scotland) Act 1997 (c.11), section 70 of the Enterprise and Regulatory Reform Act 2013 (c.24) and S.I. 2001/1283.

[^f00019]: 1998 c.29.

[^f00020]: 2000 c.23.

INFORMATION PROVISIONS

Reporting obligations of relevant institutions and others

Powers to request information

Production of documents

Failure to comply with request for information

General power to disclose information

Application of provisions

Editorial notes