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S.I. No. 469/2009 - Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2009

S.I. No. 469/2009 - Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2009 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

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  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 2009 S.I. No. 469/2009 - Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2009 S.I. No. 469/2009 - Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2009 AmendmentsLeasuithe Download PDF Íoslódáil PDF S.I. No. 469 of 2009 FINANCIAL TRANSFERS (DEMOCRATIC REPUBLIC OF CONGO) (PROHIBITION) ORDER 2009 Notice of the making of this Statutory Instrument was published in “Iris Oifigiúil” of 4th December, 2009. I, BRIAN LENIHAN, Minister for Finance, in exercise of the powers conferred on me by section 4 of the Financial Transfers Act 1992 (No. 27 of 1992) and for the purpose of giving full effect to Council Regulation (EC) No. 889/2005 of 13 June 2005 1 , as amended, and Council Regulation (EC) No. 1183/2005 of 18 July 2005 2 , as amended, hereby order as follows: 1. This Order may be cited as the Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2009. 2.

(1)In this Order— “Council Regulation (EC) No. 889/2005” means Council Regulation (EC) No. 889/2005 of 13 June 20051, as amended by— (
  1. a)Council Regulation (EC) No. 1377/2007 of 26 November 2007 3 , and (
  2. b)Council Regulation (EC) No. 666/2008 of 15 July 2008 4 ; “Council Regulation (EC) No. 1183/2005” means Council Regulation (EC) No. 1183/2005 of 18 July 20052, as amended by— (
  3. a)Council Regulation (EC) No. 1791/2006 of 20 November 2006 5 , and (
  4. b)Commission Regulation (EC) No. 242/2009 of 20 March 2009 6 .
(2)A word or expression which is used in this Order and which is also used in Council Regulation (EC) No. 889/2005 or in Council Regulation (EC) No. 1183/2005 has, unless the context otherwise requires, the same meaning in this Order as it has in the Council Regulation concerned. 3. A person shall not make a financial transfer between the State and another country the effect of which would be to enable or facilitate, directly or indirectly, the doing of any thing which is a breach of Council Regulation (EC) No. 889/2005 or Council Regulation (EC) No. 1183/2005. 4. Notwithstanding Article 3 of this Order, a person who has received an authorisation under Article 3 of Council Regulation (EC) No. 889/2005 or an authorisation under Article 3 or Article 4 of Council Regulation (EC) No. 1183/2005 may, subject to compliance with the terms and conditions of such authorisation, do such of the things referred to in Article 3 of this Order as are so authorised. 5. The Central Bank and Financial Services Authority of Ireland may, for the purpose of supervision of financial transfers and for the administration and enforcement of the provisions of this Order, give such directions or issue such instructions to a person as it sees fit. 6. A person to whom a direction has been given or an instruction issued under Article 5 of this Order shall comply with such direction or instruction. 7. A person shall not do anything to directly or indirectly assist in the circumvention of the provisions of this Order. 8. The Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2008 ( S.I. No. 476 of 2008 ) is revoked. GIVEN under my Official Seal, 27 November 2009. BRIAN LENIHAN, Minister for Finance. EXPLANATORY NOTE (This note is not part of the Statutory Instrument and does not purport to be a legal interpretation.) This Order provides for enforcement of European Union financial sanctions prohibiting financial transfers between the State and another country, as outlined in Council Regulation (EC) No. 889/2005 of 13 June 2005 and Council Regulation (EC) No. 1183/2005 of 18 July 2005 concerning restrictive measures against the Democratic Republic of Congo (DRC). The sanctions stem from successive United Nations Security Council Resolutions which impose an arms embargo on the DRC and contain sanctions against persons acting in its violation. The financial sanctions include
  1. a)a prohibition on financing or financial assistance related to military activities in the DRC and
  2. b)the freezing of funds and economic resources belonging to persons who impede international efforts in disarmament, demobilisation and reintegration of combatants and the provision of humanitarian assistance in the eastern part of the DRC. This Order provides that the Central Bank and Financial Services Authority of Ireland may issue instructions for the purpose of giving full effect to the financial sanctions and requires compliance with such instructions. The Financial Transfers Act 1992 allows for control of financial transfers between the State and other countries, creates an offence for breach of the provisions of any Order made under it and provides for appropriate penalties. The Financial Transfers (Democratic Republic of Congo) (Prohibition) Order 2008 ( S.I. No. 476 of 2008 ) is revoked. The most recent amendment to these sanctions is contained in Commission Regulation (EC) No. 242/2009 of 20 March 2009 which replaces the list of natural and legal persons, entities or bodies subject to the asset-freeze and other restrictive financial measures under Council Regulation (EC) No. 1183/2005 of 18 July 2005. 1 OJ No. L.152, 15.6.05, p.1. 2 OJ No. L.193, 23.7.05, p.1. 3 OJ No. L.309, 27.11.07, p.1. 4 OJ No. L.188, 16.7.08, p.1. 5 OJ No. L.363, 20.12.06, p.1. 6 OJ No. L.75, 21.3.09, p.8. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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