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uksi/2020/219
uksi/2020/219 — The Eritrea (Asset-Freezing) (Revocation) Regulations 2020
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2020 No. 219
Criminal Law
The Eritrea (Asset-Freezing) (Revocation) Regulations 2020
Made
4th March 2020
Laid before Parliament
6th March 2020
Coming into force
27th March 2020
The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 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.
Citation and commencement
1
These Regulations may be cited as the Eritrea (Asset-Freezing) (Revocation) Regulations 2020 and come into force on 27th March 2020.
Revocation
2
The Eritrea (Asset-Freezing) Regulations 2012 are revoked.
Iain Stewart
Rebecca Harris
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the Eritrea (Asset-Freezing) Regulations 2012 ( S.I. 2012/1515 ) as the EU Regulation on which they are based has been repealed.
The Eritrea (Asset-Freezing) Regulations 2012 implemented in the United Kingdom Council Regulation (EU) 667/2010 (OJ L 195, 27.7.2010, p.16), which concerned restrictive measures in respect of Eritrea.
Council Regulation (EU) 2018/1932 (OJ L 314, 11.12.2018, p.8) repealed Council Regulation (EU) 667/2010 , meaning that the UK implementing Regulations may now be revoked.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 ).
