European Union (Belarus) (Financial Sanctions) (No. 2) Regulations 2012

• Jurisdiction: Ireland
• Citation: IR SI 130/2012
• Year: 2012

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 27th April, 2012.

I, MICHAEL NOONAN, Minister for Finance, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972) and for the purpose of giving full effect to Council Regulation (EC) No. 765/2006 of 18 May 20061 , as amended, hereby make the following regulations:

1. These Regulations may be cited as the European Union (Belarus) (Financial Sanctions) (No. 2) Regulations 2012.

2. (1) In these Regulations “Council Regulation” means Council Regulation (EC) No. 765/2006 of 18 May 20061, as amended by—

(a) Commission Regulation (EC) No. 1587/2006 of 23 October 20062 ,

(b) Council Regulation (EC) No. 646/2008 of 8 July 20083 ,

(c) Council Implementing Regulation (EU) No. 84/2011 of 31 January 20114 and the Corrigendum to that Regulation5 ,

(d) Council Implementing Regulation (EU) No. 271/2011 of 21 March 20116 ,

(e) Council Implementing Regulation (EU) No. 505/2011 of 23 May 20117 ,

(f) Council Regulation (EU) No. 588/2011 of 20 June 20118 ,

(g) Council Regulation (EU) No. 999/2011 of 10 October 20119 ,

(h) Council Implementing Regulation (EU) No. 1000/2011 of 10 October 201110 ,

(i) Council Implementing Regulation (EU) No. 1320/2011 of 16 December 201111 ,

(j) Council Regulation (EU) No. 114/2012 of 10 February 201212 ,

(k) Council Implementing Regulation (EU) No. 170/2012 of 28 February 201213 , and

(l) Council Implementing Regulation (EU) No. 265/2012 of 23 March 201214 .

(2) A word or expression which is used in these Regulations and which is also used in the Council Regulation has, unless the context otherwise requires, the same meaning in these Regulations as it has in the Council Regulation.

3. Subject to Regulation 4, a person who fails to comply with the requirements of the Council Regulation as regards—

(a) the provision of financing or financial assistance,

(b) the freezing of funds or economic resources,

(c) the making available of funds or economic resources,

(d) the supply of information to or cooperation with the competent authorities, or

(e) the participation in activities to circumvent paragraphs (a), (b), (c) or (d) commits an offence.

4. Notwithstanding Regulation 3, a person who has received a prior approval under Article 1b, an authorisation under Article 3(1) or 4a or a specific authorisation under Article 3(2) of the Council Regulation may, subject to compliance with the terms and conditions of it, do such of the things referred to in Regulation 3 as...