The Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020

JurisdictionUK Non-devolved
CitationSI 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.

S-1 Citation and commencement

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.

S-2 Revocation

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of Maldives (Asset-Freezing) Regulations 2018 ( S.I. 2018/861) as the EU Regulation on which they are based has been repealed.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Council Regulation (EU) 2019/985 (OJ L 160, 18.6.2019, p.1) repealed Council Regulation (EU) 2018/1001, meaning that the UK implementing Regulations may now be revoked.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).


(2) 1972 c. 68. The European Communities Act 1972 was repealed by section 1 of the...

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