# C_2013079EN.01001201.xml

| 16.3.2013 | EN | Official Journal of the European Union | C 79/12 |
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Judgment of the General Court of 5 February 2013 — Bank Saderat Iran v Council

(Case T-494/10)( 1 )

(Common foreign and security policy - Restrictive measures against Iran with the aim of preventing nuclear proliferation - Freezing of funds - Obligation to state reasons - Rights of the defence - Right to effective judicial protection - Manifest error of assessment)

2013/C 79/20

Language of the case: English

Parties

Applicant: Bank Saderat Iran (Teheran, Iran) (represented: initially by S. Gadhia and S. Ashley, Solicitors, D. Anderson QC and R. Blakeley, Barrister, and subsequently by S. Gadhia, S. Ashley, R. Blakeley and D. Wyatt QC, and lastly by S. Ashley, R. Blakeley and D. Wyatt and by S. Jeffrey and A. Irvine, Solicitors)

Defendant: Council of the European Union (represented by: M. Bishop and R. Liudvinaviciute-Cordeiro, Agents)

Intervener in support of the defendant: European Commission (represented by: S. Boelaert and M. Konstantinidis, Agents)

Re:

Application for annulment of Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP (OJ 2010 L 195, p. 39), Council Implementing Regulation (EU) No 668/2010 of 26 July 2010 implementing Article 7(2) of Regulation (EC) No 423/2007 concerning restrictive measures against Iran (OJ 2010 L 195, p. 25), Council Decision 2010/644/CFSP of 25 October 2010 amending Decision 2010/413 (OJ 2010 L 281, p. 81), Council Regulation (EU) No 961/2010 of 25 October 2010 on restrictive measures against Iran and repealing Regulation (EC) No 423/2007 (OJ 2010 L 281, p. 1), Council Decision 2011/783/CFSP of 1 December 2011 amending Decision 2010/413 (OJ 2011 L 319, p. 71), Council Implementing Regulation (EU) No 1245/2011 of 1 December 2011 implementing Regulation No 961/2010 (OJ 2011 L 319, p. 11) and Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation No 961/2010 (OJ 2012 L 88, p. 1), in so far as those measures concern the applicant.

Operative part of the judgment

The Court:

| 1. | Annuls the following measures in so far as they concern Bank Saderat Iran:
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Point 7 of Table B of Annex II to Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP; —
Point 5 of Table B of the Annex to Council Implementing Regulation (EU) No 668/2010 of 26 July 2010 implementing Article 7(2) of Regulation (EC) No 423/2007 concerning restrictive measures against Iran; —
Point 7 of Table I.B of the Annex to Council Decision 2010/644/CFSP of 25 October 2010 amending Decision 2010/413; —
Point 7 of Table B of Annex VIII to Council Regulation (EU) No 961/2010 of 25 October 2010 on restrictive measures against Iran and repealing Regulation (EC) No 423/2007; —
Council Decision 2011/783/CFSP of 1 December 2011 amending Decision 2010/413; —
Council Implementing Regulation (EU) No 1245/2011 of 1 December 2011 implementing Regulation No 961/2010; —
Point 7 of Table I.B of Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation No 961/2010. | — | Point 7 of Table B of Annex II to Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP; | — | Point 5 of Table B of the Annex to Council Implementing Regulation (EU) No 668/2010 of 26 July 2010 implementing Article 7(2) of Regulation (EC) No 423/2007 concerning restrictive measures against Iran; | — | Point 7 of Table I.B of the Annex to Council Decision 2010/644/CFSP of 25 October 2010 amending Decision 2010/413; | — | Point 7 of Table B of Annex VIII to Council Regulation (EU) No 961/2010 of 25 October 2010 on restrictive measures against Iran and repealing Regulation (EC) No 423/2007; | — | Council Decision 2011/783/CFSP of 1 December 2011 amending Decision 2010/413; | — | Council Implementing Regulation (EU) No 1245/2011 of 1 December 2011 implementing Regulation No 961/2010; | — | Point 7 of Table I.B of Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation No 961/2010. |
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| — | Point 7 of Table B of Annex II to Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP; | | | | | | | | | | | | | | |
| — | Point 5 of Table B of the Annex to Council Implementing Regulation (EU) No 668/2010 of 26 July 2010 implementing Article 7(2) of Regulation (EC) No 423/2007 concerning restrictive measures against Iran; | | | | | | | | | | | | | | |
| — | Point 7 of Table I.B of the Annex to Council Decision 2010/644/CFSP of 25 October 2010 amending Decision 2010/413; | | | | | | | | | | | | | | |
| — | Point 7 of Table B of Annex VIII to Council Regulation (EU) No 961/2010 of 25 October 2010 on restrictive measures against Iran and repealing Regulation (EC) No 423/2007; | | | | | | | | | | | | | | |
| — | Council Decision 2011/783/CFSP of 1 December 2011 amending Decision 2010/413; | | | | | | | | | | | | | | |
| — | Council Implementing Regulation (EU) No 1245/2011 of 1 December 2011 implementing Regulation No 961/2010; | | | | | | | | | | | | | | |
| — | Point 7 of Table I.B of Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation No 961/2010. | | | | | | | | | | | | | | |

| 2. | Orders the effects of Decision 2010/413, as amended by Decision 2010/644 and Decision 2011/783, to be maintained as regards Bank Saderat Iran until the annulment of Regulation No 267/2012 takes effect. |
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| 3. | Dismisses the action as to the remainder. |
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| 4. | Orders the Council of the European Union to bear its own costs and to pay the costs of Bank Saderat Iran. |
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| 5. | Orders the European Commission to bear its own costs. |
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( 1 )  OJ C 328, 4.12.2010.

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