The Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020
Jurisdiction | UK Non-devolved |
Citation | SI 2020/221 |
2020 No. 221
Criminal Law
The Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020
Made 4th March 2020
Laid before Parliament 6th March 2020
Coming into force 27th March 2020
The Treasury are designated1for the purposes of section 2(2) of the European Communities Act 19722in relation to restrictive measures against persons or bodies listed by an international organisation.
The Treasury, in exercise of the power conferred by section 2(2) of the European Communities Act 1972, make the following Regulations.
Citation and commencement
1. These Regulations may be cited as the Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020 and come into force on 27th March 2020.
Revocation
2. The Republic of Maldives (Asset-Freezing) Regulations 20183are revoked.
Iain Stewart
Maggie Throup
Two of the Lords Commissioners of Her Majesty’s Treasury
4th March 2020
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations revoke the Republic of Maldives (Asset-Freezing) Regulations 2018 ( S.I. 2018/861) as the EU Regulation on which they are based has been repealed.
The Republic of Maldives (Asset-Freezing) Regulations 2018 implemented in the United Kingdom Council Regulation (EU) 2018/1001 (OJ L 180, 17.7.2018, p.1), which concerned restrictive measures in view of the situation in the Republic of Maldives.
Council Regulation (EU) 2019/985 (OJ L 160, 18.6.2019, p.1) repealed Council Regulation (EU) 2018/1001, meaning that the UK implementing Regulations may now be revoked.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.
A list of persons subject to financial sanctions is available on the internet at: www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets or can be obtained from the Office of Financial Sanctions Implementation at H.M. Treasury, 1 Horse Guards Road, London SW1A 2HQ.
Further information about financial sanctions is available from the Office of Financial Sanctions Implementation, H. M. Treasury, 1 Horse Guards Road, London SW1A 2HQ and on the Office of Financial Sanctions Implementation website (https://www.gov.uk/government/organisations/office-of-financial-sanctions-implementation).
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