24.9.2011 EN Official Journal of the European Union L 247/3
COUNCIL REGULATION (EU) No 950/2011
of 23 September 2011
amending Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in Syria
THE COUNCIL OF THE EUROPEAN UNION
,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof,
Having regard to Council Decision 2011/273/CFSP of 9 May 2011 concerning restrictive measures against Syria (1),
Having regard to the joint proposal from the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission,
Whereas:
(1) On 9 May 2011, the Council adopted Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in Syria (2).
(2) By Regulation (EU) No 878/2011 (3), the Council amended Regulation (EU) No 442/2011 to extend the measures against Syria, including an expansion of the listing criteria, and a prohibition on the purchase, import or transportation from Syria of crude oil.
(3) By Council Decision 2011/628/CFSP (4) which amended Decision 2011/273/CFSP, the Council agreed on the adoption of further measures, namely a prohibition on investment in the crude oil sector, the addition of further listings, the prohibition of the delivery of Syrian banknotes and coins to the Central Bank of Syria and some adjustments to the provisions protecting economic operators against claims related to the implementation of sanctions.
(4) Those measures fall within the scope of the Treaty on the Functioning of the European Union and regulatory action at the level of the Union is therefore necessary in order to implement them, in particular with a view to ensuring their uniform application by economic operators in all Member States.
(5) In order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately upon its publication,
Regulation (EU) No 442/2011 is hereby amended as follows:
(1) In Article 1, the following point is inserted:
‘(j) ‘Syrian person, entity or body’ means:
(i) the State of Syria or any public authority thereof;
(ii) any natural person in, or resident in, Syria;
(iii) any legal person, entity or body having its registered office in Syria;
(iv) any legal person, entity or body, inside or outside Syria, owned or controlled directly or indirectly by one or more of the above mentioned persons or bodies;’;
(2) The following Article is inserted:
(3) The following Article is inserted:
(a) the granting of any financial loan or credit to any Syrian person, entity or body referred to in paragraph 2;
(b) the acquisition or extension of a participation in any Syrian person, entity or body referred to in paragraph 2;
(c) the creation of any joint venture with any Syrian person, entity or body referred to in paragraph 2;
(d) the participation, knowingly and intentionally, in activities the object or effect of which is to circumvent the prohibitions referred to in points (a), (b) or (c).
(a) ‘exploration of crude oil’ includes the exploration for, prospecting for and management of crude oil reserves, as well as the provision of geological services in relation to such reserves;
(b) ‘refining of crude oil’ means the processing, conditioning or preparation of oil for the ultimately final sale of fuels.
(a) shall be without prejudice to the execution of an obligation arising from contracts or agreements concluded before 23 September 2011;
(b) shall not prevent the extension of a participation, if such extension is an obligation under an agreement concluded before 23 September 2011.’;
(4) Article 10a is replaced by the following:
Annex II to Regulation (EU) No 442/2011 is hereby amended in accordance with Annex I to this Regulation.
Annex IV to Regulation (EU) No 442/2011 is hereby replaced by the text set out in Annex II to this Regulation.
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.