United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008

  • revoked
  • United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008: revoked, on 18 May 2017, pursuant to regulation 57 of the United Nations Sanctions (Democratic People’s Republic of Korea) Regulations 2017 (LI 2017/74).

Reprint as at 18 May 2017

Coat of Arms of New Zealand

United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008

(SR 2008/390)

United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008: revoked, on 18 May 2017, pursuant to regulation 57 of the United Nations Sanctions (Democratic People’s Republic of Korea) Regulations 2017 (LI 2017/74).

Anand Satyanand, Governor-General

Order in Council

At Wellington this 20th day of October 2008

Present:
The Right Hon Helen Clark presiding in Council

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry of Foreign Affairs and Trade.

Pursuant to section 2 of the United Nations Act 1946, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Regulations

1 Title

These regulations are the United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008.

2 Commencement

These regulations come into force on the 28th day after the date of their notification in the Gazette.

3 Principal regulations amended
4 Prohibition on dealings in assets, money, or securities of, or derived from property of, designated persons

Regulation 15(2) is revoked.

5 Prohibition on sending funds, etc, to designated persons

Regulation 16(2) is revoked.

6 New regulation 16A

The following regulation is inserted after regulation 16:

16A Exceptions to regulations 15 and 16

(1)

Nothing in regulation 15(1) or 16(1) applies to any dealing authorised by a consent under subclause (2).

(2)

The Minister may consent to any dealing with any asset, money, or security if the Minister is satisfied that the dealing—

(a)

is necessary for basic expenses within the meaning of paragraph 9(a) of the resolution and is authorised under that paragraph; or

(b)

is necessary for extraordinary expenses within the meaning of paragraph 9(b) of the resolution and is authorised under that paragraph; or

(c)

is authorised under paragraph 9(c) of the resolution (which relates to assets, money, or securities subject to judicial, administrative, or arbitral liens or judgments).

Rebecca Kitteridge,
Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come in force on the 28th day after the date of their notification in the Gazette, amend the United Nations Sanctions (Democratic People’s Republic of Korea) Regulations 2006. The amendments clarify the exceptions to the asset freeze sanctions that are permitted by resolution 1718 of the Security Council of the United Nations.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 23 October 2008.

Reprints notes
1 General

This is a reprint of the United Nations Sanctions (Democratic People’s Republic of Korea) Amendment Regulations 2008 that incorporates all the amendments to those regulations as at the date of the last amendment to them.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

United Nations Sanctions (Democratic People’s Republic of Korea) Regulations 2017 (LI 2017/74): regulation 57