Considerations on JOIN(2014)42 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran - Main contents
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| dossier | JOIN(2014)42 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran. |
|---|---|
| document | JOIN(2014)42  |
| date | February 12, 2015 |
| (2) | On 12 February 2015, the Council adopted Decision (CFSP) 2015/236 (3) amending Decision 2010/413/CFSP in order to extend, until 30 June 2015, the exemption provided for in Article 20(14) of that Decision concerning acts and transactions carried out with regard to listed entities in so far as necessary for the execution of 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) | That 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. |
| (4) | Regulation (EU) No 267/2012 should therefore be amended accordingly, |