Policing and Crime Act 2017

Avoidance of delay: temporary listing U.K.

154 Linking of UN financial sanctions Resolutions with EU financial sanctions Regulations U.K.

(1) For the purposes of section 155, the Treasury may by regulations made by statutory instrument provide that a United Nations financial sanctions Resolution specified in the regulations is linked to an EU financial sanctions Regulation specified in the regulations.

(2) The regulations may provide for any reference in the regulations to a United Nations financial sanctions Resolution or to an EU financial sanctions Regulation to have effect as a reference to the United Nations financial sanctions Resolution or (as the case may be) to the EU financial sanctions Regulation as varied or supplemented from time to time.

(3) A statutory instrument containing regulations under subsection (1) is subject to annulment in pursuance of a resolution of either House of Parliament.

Commencement Information

I1 S. 154 in force for certain purposes at Royal Assent, see s. 183

I2 S. 154 in force at 1.4.2017 in so far as not already in force by S.I. 2017/482, reg. 2

155 Implementation of UN financial sanctions Resolutions: temporary listing U.K.

(1) This section applies where—

(a) regulations under section 154 provide that a UN financial sanctions Resolution is linked to an EU financial sanctions Regulation,

(b) a person is designated for the purposes of the UN financial sanctions Resolution, and

(c) at the time the person is designated for those purposes, the person is not included in the list of persons, set out in the EU financial sanctions Regulation, to whom the prohibitions contained in the Regulation relate (“the EU list”).

(2) The person is to be treated for a temporary period as if the person were included in the EU list (as well as being designated for the purposes of the UN financial sanctions Resolution).

(3) The temporary period referred to in subsection (2) begins at the time the person is designated for the purposes of the UN financial sanctions Regulation.

(4) The temporary period ends—

(a) at the end of the day on which the person is (otherwise than under subsection (2)) included in the EU list;

(b) if the person is not included in the EU list before the end of the period of 30 days beginning with the day after the day on which the person is designated for the purposes of the UN financial sanctions Resolution, at the end of that period of 30 days.

(5) For the purposes of this section, a person is designated for the purposes of a UN financial sanctions Resolution if the person is specified in any of the following instruments as a person in relation to whom the measures required by the UN financial sanctions Resolution are to be taken—

(a) the UN financial sanctions Resolution or any other UN financial sanctions Resolution;

(b) an instrument made by an organ of the United Nations for the purpose of specifying the persons in relation to whom the measures required by the Resolution are to be taken.

For the purpose of this subsection, “person” includes (in addition to an individual and a body corporate or unincorporate) any organisation and any association or combination of persons.

(6) This section applies where a person is designated for the purposes of the UN financial sanctions Resolution before this section comes into force (as well as where the person is designated after this section comes into force) but, in such a case, the temporary period begins on the day on which this section comes into force.

Commencement Information

I3 S. 155 in force for certain purposes at Royal Assent, see s. 183

I4 S. 155 in force at 1.4.2017 in so far as not already in force by S.I. 2017/482, reg. 2