2007 No. 1374
criminal law
The Iran (European Community Financial Sanctions) Regulations 2007
Made 1st May 2007
Laid before Parliament 2nd May 2007
Coming into force 3rd May 2007
The Treasury make the following Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 1972.
1972 c.68.
The Treasury are designated for the purposes of that section in relation to (i) measures relating to the movement of capital and to payments between Member States and between Member States and countries which are not Member States, and (ii) measures relating to the interruption or reduction, in part or completely, of economic relations with one or more countries which are not Member States.
S.I. 1994/757.
These Regulations make provision for a purpose mentioned in that section and it appears to the Treasury that it is expedient for the reference to the Community instrument mentioned in regulation 2 to be construed as a reference to that instrument as amended from time to time.
See paragraph 1A of Schedule 2 to the European Communities Act 1972, as inserted by section 28 of the Legislative and Regulatory Reform Act 2006 (c.51).