Considerations on JOIN(2016)1 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | JOIN(2016)1 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran. |
|---|---|
| document | JOIN(2016)1  |
| date | January 12, 2016 |
(2) On 31 July 2015, the Council adopted Decision (CFSP) 2015/1337 amending Decision 2010/413/CFSP to extend until 14 January 2016 the exemption provided for in paragraph 14 of Article 20 concerning acts and transactions carried out with regard to listed entities insofar as necessary for the execution of the obligations provided for in contracts concluded before 23 January 2012 or in ancillary contracts necessary for the execution of such obligations where the supply of Iranian crude oil and petroleum products or the proceeds derived from their supply are for the reimbursement of outstanding amounts with respect to contracts concluded before 23 January 2012 to persons or entities within the territories of Member States or under their jurisdiction, where those contracts specifically provide for such reimbursements.
(3) On … January 2016, the Council adopted Decision (CFSP) 2016/… further extending the above mentioned exemption until 4 February 2016.
(4) This measure falls within the scope of the Treaty and regulatory action at the level of the Union is therefore necessary in order to implement it, in particular with a view to ensuring its uniform application by economic operators in all Member States.
(5) Regulation (EU) No 267/2012 should therefore be amended accordingly.