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The Syria (Restrictive Measures) (Overseas Territories) (Amendment) Order 2013 - Advisory Warning No. 6 of 2014 (13 August 2014)

Advisory Warning No. 6 of 2014

13 August, 2014

ADVISORY WARNING

 

The Syria (Restrictive Measures) (Overseas Territories) (Amendment) Order 2013

(U.K.S.I. 2013 No. 1719)

 

Tortola, British Virgin Islands – 13 August 2014 - The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 10th July, 2013, The Syria (Restrictive Measures) (Overseas Territories) (Amendment) Order 2013 (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 Syria (Restrictive Measures) (Overseas Territories) Order 2012 (“the principal Order”).

AND NOTICE IS FURTHER GIVEN that this Order amends the Syria (Restrictive Measures) (Overseas Territories) Order 2012, as amended, (“the principal Order”). The principal Order gives effect in specified Overseas Territories to sanctions in respect of Syria adopted by the European Union in Council Decision 2011/782/CFSP adopted on 1st December 2011, as amended.

This Order amends the principal Order to give effect to changes to the sanctions measures adopted by the European Union in Council Decision 2012/739/CFSP adopted on 29th November 2012 and in Council Decision 2013/255/CFSP adopted on 31st May 2013. It widens the power of the Governor to license the sale, supply, transfer or export of arms and related materiel and equipment which might be used for internal repression, subject to the consent of the Secretary of State, in response to the lifting of the arms embargo under Council Decision 2013/255/CFSP; and adds new exemptions to the asset freeze provisions.

The European Union in Council Decision 2011/782 CFSP of 1st December, 2011 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:319:0056:0070:EN:PDF

The European Union in Council Decision 2012/739 CFSP of 29th November, 2012 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:330:0021:0051:EN:PDF

The European Union in Council Decision 2013/255 CFSP of 31st May, 2013 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:147:0014:0045:EN:PDF

The Syria (Restrictive Measures) (Overseas Territories) (Amendment) Order 2013 may be viewed in its entirety at the following URL:

http://www.legislation.gov.uk/uksi/2013/1719/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