The United Nations Sanctions (Overseas Territories) (Revocations) Order 2012 (SI 2012/2592)

Summary

This is a UK Order in Council that formally revokes a set of historic United Nations sanctions orders that had applied across various Overseas Territories, including the Cayman Islands and the Virgin Islands. The revoked orders implemented UN sanctions regimes relating to Serbia and Montenegro, the former Yugoslavia, and Eritrea and Ethiopia, all of which had already ceased to have effect once the underlying UN sanctions measures ended. The Order itself creates no new sanctions obligations; it is a tidying up of the statute book.

• Orders revoked: Seven named Orders covering Serbia and Montenegro flight prohibitions and UN sanctions, the former Yugoslavia sanctions, the Federal Republic of Yugoslavia sanctions and amendment, and Eritrea and Ethiopia sanctions and amendment, all applicable to Dependent or Overseas Territories.
• Territorial scope: Extends to Anguilla, Bermuda, British Antarctic Territory, British Indian Ocean Territory, Cayman Islands, Falkland Islands, Gibraltar, Montserrat, Pitcairn group, St Helena group, South Georgia and South Sandwich Islands, the Sovereign Base Areas of Akrotiri and Dhekelia, Turks and Caicos Islands, and the Virgin Islands.
• Effect: No substantive sanctions obligations remain in force from the revoked instruments; they had already lapsed with the termination of the relevant UN sanctions measures.

For compliance purposes this is a housekeeping measure with no ongoing filing, reporting, or compliance obligations for regulated entities in the Cayman Islands or elsewhere.

Deadlines

• 14th November 2012: Date the Order comes into force