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Council Decision 2012/642/CFSP of 15 October 2012… Article 5a

Council Decision 2012/642/CFSP of 15 October 2012… Article 5a

Article 5a

By way of derogation from Article 4, the competent authorities of a Member State may authorise the release of certain frozen funds or economic resources belonging to, owned, held or controlled by a natural or legal person, entity or body listed in Annex I, or the provision of services to such a natural or legal person, entity or body, under such conditions as they deem appropriate and after having determined that this is strictly necessary for the setting-up, certification or evaluation of a firewall which: (a)  removes the control by the natural or legal person, entity or body listed in Annex I over the assets of a non-listed legal person, entity or body incorporated or constituted under the law of a Member State and which is owned or controlled by the former; and (b)  ensures that no further funds or economic resources accrue to the benefit of the listed natural or legal person, entity or body.

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Other provisions in Council Decision 2012/642/CFSP of 15 October 2012…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-11-02

CitationArticle 5a of Council Decision 2012/642/CFSP of 15 October 2012… (LawPlayer, data as of 2026-11-02)

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