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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020 URL: http://www.bailii.org/uk/legis/num_reg/2020/uksi_2020221_en_1.html |
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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Instruments
Criminal Law
Made
4th March 2020
Laid before Parliament
6th March 2020
Coming into force
27th March 2020
The Treasury are designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in 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.
1. These Regulations may be cited as the Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020 and come into force on 27th March 2020.
2. The Republic of Maldives (Asset-Freezing) Regulations 2018(3) are revoked.
Iain Stewart
Maggie Throup
Two of the Lords Commissioners of Her Majesty's Treasury
4th March 2020
(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of Maldives (Asset-Freezing) Regulations 2018 (S.I. 2018/861) as the EU Regulation on which they are based has been repealed.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Council Regulation (EU) 2019/985 (OJ L 160, 18.6.2019, p.1) repealed Council Regulation (EU) 2018/1001, meaning that the UK implementing Regulations may now be revoked.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).
1972 c. 68. The European Communities Act 1972 was repealed by section 1 of the European Union (Withdrawal) Act 2018 (c. 16) with effect from exit day, but saved with modifications until IP completion day by section 1A of that Act (as inserted by section 1 of the European Union (Withdrawal Agreement) Act 2020 (c. 1)). Section 2(2) of the European Communities Act 1972 was amended by section 27(1) of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3(3) of, and Part 1 of the Schedule to, the European Union (Amendment) Act 2008 (c. 7).
