The Republic of Maldives (Asset-Freezing) Regulations 2018 (revoked)
UK Statutory Instrument 2018 No. 861 — creates 6 criminal offences.
- Made
- 17 July 2018
- In force from
- 8 August 2018
- Extent
- Not stated
- Subject
- International sanctions, export control and trade restrictions
- Made under
- European Communities Act 1972, Schedule 2 to, the European Communities Act 1972
Explanatory note
(This note is not part of the Regulations) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.
These Regulations make provision relating to the enforcement of Council Regulation (EU) 2018/1001 of 16th July 2018 concerning restrictive measures in view of the situation in the Republic of Maldives (OJ L 180, 17.7.2018, p.1) (“the Council Regulation”). The measures include the freezing of funds and economic resources of any persons and entities listed in Annex I to the Council Regulation and ensuring that funds and economic resources are not made available to them or for their benefit. Regulation 2 defines designated person as any person named in Annex I to the Council Regulation (as amended from time to time). Regulations 3 to 7 provide prohibitions against dealing with the funds or economic resources of a designated person, making funds or economic resources available, directly or indirectly, to a designated person and making funds or economic resources available for the benefit of a designated person. Regulation 8 provides an exception to the prohibitions in regulations 4 and 5 in the circumstances set out in the Council Regulation, where a frozen account is credited for a permitted reason. Regulation 9 provides a licensing procedure to enable funds and economic resources to be exempted from the prohibitions where this is permitted in the circumstances set out in the Council Regulation. Regulation 10 creates offences where the prohibitions in regulations 3 to 7 are contravened. Regulations 11 to 14 contain provisions about officers of a body corporate, penalties and proceedings. The Schedule makes provision for information gathering and information disclosure and creates offences for failure to comply with a request for information. An impact assessment has not been prepared for this instrument because no impact on the private or voluntary sector is foreseen. Further information is available at H.M. Treasury, 1 Horse Guards Road, London SW1A 2HQ and on H.M. Treasury website (www.gov.uk/government/organisations/hm-treasury), or by contacting Sanctions.Legislation@HMTreasury.gsi.gov.uk.
Offences created by this instrument
- Reporting obligations of relevant institutions and others paragraph 1(5) of SCHEDULE · Status not determined · Strict liability
- Failure to comply with request for information paragraph 4(1) of SCHEDULE · Status not determined · Requires proof of a state of mind
- Contravention and circumvention of prohibitions regulation 10(1) · Status not determined · Mixed — some elements strict, some not
- Contravention and circumvention of prohibitions regulation 10(2) · Status not determined · Requires proof of a state of mind
- Licences regulation 9(5) · Status not determined · Requires proof of a state of mind
- Licences regulation 9(6) · Status not determined · Strict liability
What Parliament said about it
Hansard was searched for this instrument by name and returned nothing. That is the ordinary outcome: an instrument laid under the negative procedure is usually never debated, and becomes law without a word said about it in either House.
How Parliament handled it
This instrument became law without a debate or a vote. Under the negative procedure it took effect unless a motion to stop it succeeded, and none was tabled.
- Procedure
- Made negative — law unless a motion to stop it succeeded
- Could either House amend it?
- No. A statutory instrument is put to each House as a whole thing, to be approved or not. Neither House can change a word of it.
Procedural history
- Instrument created 17 July 2018
- Instrument made (signed into law) 17 July 2018
- Laid before the House of Commons 18 July 2018 · Commons
- Laid before the House of Lords 18 July 2018 · Lords
- Considered by the Secondary Legislation Scrutiny Committee (SLSC) 24 July 2018 · Lords
- No comment by the Secondary Legislation Scrutiny Committee (SLSC) 24 July 2018 · Lords
- Instrument comes into force as law 8 August 2018
- Considered by the Joint Committee on Statutory Instruments (JCSI) 12 September 2018 · Commons, Lords
- Not drawn to the special attention of the Houses by the Joint Committee on Statutory Instruments (JCSI) 12 September 2018 · Commons, Lords
- Objection period ends 31 October 2018
- Instrument remains law 31 October 2018
- Procedure concluded in the House of Commons and the House of Lords 31 October 2018 · Commons, Lords
From Parliament's Statutory Instruments service. Parliamentary material is reused under the Open Parliament Licence v3.0.
Check the source
- This instrument on legislation.gov.uk The authoritative text, including amendments made since
- Other instruments from 2018