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The Liberia (Restrictive Measures)(Overseas Territories)(Amendment) Order 2012 - Advisory Warning No. 8 of 2013 (13 March 2013)

Advisory Warning No. 8 of 2013

 

13 March, 2013

 

ADVISORY WARNING

 

The Liberia (Restrictive Measures) (Overseas Territories) (Amendment) Order 2012

[U.K.S.I. 2012 No. 2749]

 

Tortola, British Virgin Islands – 13 March, 2013 – The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 7 February, 2013, The Liberia (Restrictive Measures) (Overseas Territories) (Amendment) Order 2012 (the “Order”) was ratified and extended to the Territory.

 

NOTICE IS HEREBY GIVEN that this Order has been extended to the Territory by virtue of Schedule 1 to The Liberia (Restrictive Measures) (Overseas Territories) Order 2004 (the “2004 Order”).

 

AND NOTICE IS FURTHER GIVEN that this Order further amends the Liberia (Restrictive Measures) (Overseas Territories) Order 2004, as amended) (the “2004 Order”).

The 2004 Order applies in the Overseas Territories specified in Schedule 1 to that Order the measures adopted by the United Nations Security Council in Resolution 1521 (2003) and by the Council of the European Union in Common Position 2004/137/CFSP. This Order gives effect to the modified arms embargo measures provided for in United Nations Security Council Resolution 1903 (2009) and Council Decision 2010/129/CFSP adopted on 1 March 2010.

 

This Order reduces the scope of the arms embargo already in place by restricting the prohibitions on the supply or export of arms and related material and the provision of assistance, advice or training related to military activities to non-governmental persons in Liberia. The opportunity has also been taken to clarify the 2004 Order by including definitions of “financing and financial assistance” and “technical assistance” and updating the definition of restricted goods.

 

The United Nations Security Council Resolution 1521 (2003) may be viewed in its entirety at the following URL:

http://www.un.org/en/sc/documents/resolutions/2003.shtml

 

The United Nations Security Council Resolution 1903 (2009) may be viewed in its entirety at the following URL:

http://www.un.org/en/sc/documents/resolutions/2009.shtml

 

The Council of the European Union in Common Position 2004/137/CFSP may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:32004E0137:EN:HTML

The European Union in Council Decision 2010/129/CFSP adopted on 1st March 2010 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2010:051:0023:01:EN:HTML  

 

The Liberia (Restrictive Measures) (Overseas Territories) Order 2004 [U.K.S.I. 2004 No. 347] may be viewed in its entirety at the following URL:

http://www.legislation.gov.uk/uksi/2004/347/contents/made

 

The Liberia (Restrictive Measures) (Overseas Territories) (Amendment) Order 2004 [U.K.S.I. 2004 No. 1112] may be viewed in its entirety at the following URL:

http://www.legislation.gov.uk/uksi/2004/1112/contents/made

 

The Liberia (Restrictive Measures) (Overseas Territories) (Amendment) Order 2012  [U.K.S.I. 2012 No. 2749] may be viewed in its entirety at the following URL:

http://www.legislation.gov.uk/uksi/2012/2749/contents/made  

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Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg