155Implementation of UN financial sanctions Resolutions: temporary listingU.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
I1S. 155 in force for certain purposes at Royal Assent, see s. 183