Regulation (EC) No 881/2002 is amended as follows:

1. (1)

   The title is replaced by the following:

   Council Regulation (EC) No 881/2002 of 27 May 2002 imposing certain specific restrictive measures directed against certain persons and entities associated with the ISIL (Da'esh) and Al-Qaida organisations

2. (2)

   Point (5) of Article 1 is replaced by the following:

   “Sanctions Committee” means the Committee of the UN Security Council established pursuant to UN Security Council Resolution 1267 (1999) concerning ISIL (Da'esh) and Al-Qaida;

3. (3)

   In Article 1, the following point is added:

   1. 7.

      “Competent authorities” means the authorities of the Member States, as listed in Annex II.

4. (4)

   Article 2(1) is replaced by the following:

   All funds and economic resources belonging to, owned, held or controlled, either directly or indirectly, by a natural or legal person, entity, body or group listed in Annex I and Annex Ia including by a third party acting on their behalf or at their direction, shall be frozen.

5. (5)

   In Article 2, the following paragraph is inserted:

   2a.

   The prohibition in paragraph 2 includes, but is not limited to, funds and economic resources used for the provision of Internet hosting and related services used for the support of ISIL (Da'esh), Al-Qaida and the natural or legal persons, entities, bodies or groups listed in Annex I; the payment of ransoms to them, regardless of how or by whom the ransom is paid; funds and economic resources provided in connection with the travel of such natural persons, including costs incurred with respect to their transportation and lodging; and funds and economic resources related to the direct or indirect trade in oil and refined oil products, modular refineries and related material including chemicals and lubricants, as well as other natural resources.

6. (6)

   In Article 2(3), the words ‘associated with the Al-Qaida network’ are replaced by the words ‘associated with the ISIL (Da'esh) or Al-Qaida organisations’.

7. (7)

   In Article 2(4), the words ‘these prohibitions’ are replaced by the words ‘this prohibition’.

8. (8)

   In Article 2a(1)(a), the words ‘,as listed in Annex II,’ are deleted.

9. (9)

   In Article 2a(1)(b)(iii) the words ‘,as listed in Annex II,’ are deleted.

10. (10)

    In Article 2a(3), the word ‘Community’ is replaced by the word ‘Union’.

11. (11)

    In Article 5(1), the words ‘Article 284 of the Treaty’ are replaced by the words ‘Article 337 of the Treaty on the Functioning of the European Union’.

12. (12)

    Article 5(1)(a) is replaced by the following:

    (a)provide immediately any information which would facilitate compliance with this Regulation, such as information about funds and economic resources held or controlled while acting on behalf of, or at the direction of, any natural or legal person, entity, body or group listed in Annex I or Annex Ia, or about accounts and amounts frozen in accordance with Article 2, to the competent authorities of the Member States where they are resident or located, and, directly or through those competent authorities, to the Commission.

    In particular, available information in respect of funds or economic resources owned or controlled by persons designated by the United Nations Security Council or the Sanctions Committee and listed in Annex I during the period of six months before the entry into force of this Regulation shall be provided;

13. (13)

    In Article 5(1) (b) the words ‘listed in Annex II’ are deleted.

14. (14)

    Article 7b is replaced by the following:

    Article 7b

    1

    The Commission shall be assisted by a committee.

    2

    Where reference is made to this paragraph, Articles 5 and 11 of Regulation (EU) No 182/20114 of the European Parliament and of the Council shall apply.

15. (15)

    In Article 13, the word ‘Communities’ is replaced by the word ‘Union’.

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.