Regulation 2005/560 - Specific restrictive measures directed against certain persons and entities in view of the situation in Côte d'Ivoire

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1.

Current status

This regulation was in effect from April 14, 2005 until June 10, 2016.

2.

Key information

official title

Council Regulation (EC) No 560/2005 of 12 April 2005 imposing certain specific restrictive measures directed against certain persons and entities in view of the situation in Côte d'Ivoire
 
Legal instrument Regulation
Number legal act Regulation 2005/560
Original proposal COM(2004)842 EN
CELEX number i 32005R0560

3.

Key dates

Document 12-04-2005
Publication in Official Journal 13-06-2006; OJ L 95, 14.4.2005,Special edition in Romanian: Chapter 18 Volume 003,Special edition in Croatian: Chapter 18 Volume 008,OJ L 159M , 13.6.2006,Special edition in Bulgarian: Chapter 18 Volume 003
Effect 14-04-2005; Entry into force Date pub. See Art 14
End of validity 10-06-2016; Repealed by 32016R0907

4.

Legislative text

14.4.2005   

EN

Official Journal of the European Union

L 95/1

 

COUNCIL REGULATION (EC) No 560/2005

of 12 April 2005

imposing certain specific restrictive measures directed against certain persons and entities in view of the situation in Côte d'Ivoire

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Articles 60, 301 and 308 thereof,

Having regard to Council Common Position 2004/852/CFSP of 13 December 2004 concerning restrictive measures against Côte d'Ivoire (1),

Having regard to the proposal from the Commission,

Having regard to the opinion of the European Parliament (2),

Whereas:

 

(1)

In Resolution 1572 (2004) of 15 November 2004, the UN Security Council, acting under Chapter VII of the Charter of the United Nations and deploring the resumption of hostilities in Côte d'Ivoire and the repeated violations of the ceasefire agreement of 3 May 2003, decided to impose certain restrictive measures against Côte d'Ivoire.

 

(2)

Common Position 2004/852/CFSP provides for implementation of the measures set out in UN Security Council Resolution 1572 (2004), including the freezing of funds and economic resources of persons, designated by the competent United Nations Sanctions Committee, who constitute a threat to the peace and national reconciliation process in Côte d'Ivoire, in particular those who block implementation of the Linas-Marcoussis and Accra III Agreements, any other person determined as responsible for serious violations of human rights and international humanitarian law in Côte d'Ivoire on the basis of relevant information, any other person who incites publicly hatred and violence, and any other person determined by the Committee to be in violation of the arms embargo also imposed by Resolution 1572 (2004).

 

(3)

These measures fall within the scope of the Treaty and, therefore, in order to avoid any distortion of competition, Community legislation is necessary to implement them as far as the Community is concerned. For the purpose of this Regulation, the territory of the Community is deemed to encompass the territories of the Member States to which the Treaty is applicable, under the conditions laid down in the Treaty.

 

(4)

In order to ensure that the measures provided for in this Regulation are effective, this Regulation should enter into force on the day of its publication,

HAS ADOPTED THIS REGULATION:

Article 1

For the purposes of this Regulation, the following definitions shall apply:

 

1.

‘Sanctions Committee’ means the Committee of the Security Council of the United Nations which was established pursuant to paragraph 14 of UN Security Council Resolution 1572 (2004);

 

2.

‘funds’ means financial assets and benefits of every kind, including but not limited to:

 

(a)

cash, cheques, claims on money, drafts, money orders and other payment instruments;

 

(b)

deposits with financial institutions or other entities, balances on accounts, debts and debt obligations;

 

(c)

publicly and privately traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures and derivatives contracts;

 

(d)

interest, dividends or other income on or value accruing from or generated by assets;

 

(e)

credit, right of set-off, guarantees, performance bonds or other financial commitments;

 

(f)

letters of credit, bills of lading, bills of sale;

 

(g)

documents evidencing an interest in funds or financial resources;

 

(h)

any other instrument of export-financing.

 

3.

‘freezing of funds’ means preventing any move,...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

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