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The Iran (Restrictive Measures) (Overseas Territories) (Amendment) Order 2013 - Advisory Warning No. 10 of 2014 (13 August 2014)

Advisory Warning No. 10 of 2014

13 August, 2014

ADVISORY WARNING

 

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

(U.K.S.I. 2013 No. 786)

 

Tortola, British Virgin Islands – 13 August 2014 The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 9th April 2013, The Iran (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 “Principal Order”.

AND NOTICE IS FURTHER GIVEN that this Order gives effect in specified Overseas Territories to restrictive measures imposed on Iran by Council Decision 2011/235/CFSP of 12 April 2011. It reflects amendments to that Decision made by Council Decision 2012/810/CFSP adopted on 20 December 2012.

It introduces exemptions from the prohibitions relating to equipment which may be used for internal repression. The Governor may authorise the sale, supply, transfer or export of such equipment, or technical assistance, brokering services, financing or financial assistance related to such equipment, if it is intended solely for the protective use of the personnel of the European Union and its Member States in Iran.

The European Union in Council Decision 2011/235 CFSP of 12th April, 2011 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:100:0051:0057:EN:PDF

The European Union in Council Decision 2012/810 CFSP of 20th December, 2012 may be viewed in its entirety at the following URL:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:352:0049:0049:EN:PDF

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

http://www.legislation.gov.uk/uksi/2013/786/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