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These Regulations provide that breaches of certain provisions of Council Regulation (EC) 314/2004 (“the EC Regulation”) are to be criminal offences.
Regulation 2 creates penalties in respect of the provisions in Articles 2 and 3 of the EC Regulation. Regulation 3 provides for licensing of the above transactions; and regulation 4 provides for enforcement and penalties for breach of the EC Regulation. Regulation 5 revokes the previous Zimbabwe (Sale, Supply, Export and Shipment of Equipment) (Penalties and Licences) Regulations 2002.
A full regulatory impact assessment has not been produced for this instrument as it has no impact on the costs of business.
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