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Council Regulation (EU) 2017/1770 Article 4

Council Regulation (EU) 2017/1770 Article 4

Article 4

1.   By way of derogation from Article 2, the competent authorities in the Member States may authorise the release of certain frozen funds or economic resources, if the following conditions are met: (a) the funds or economic resources are the subject of a judicial, administrative or arbitral decision established prior to the date on which the natural or legal person, entity or body referred to in Article 2 was included in Annex I, or of a judicial, administrative or arbitral lien rendered prior to that date; (b) the funds or economic resources will be used exclusively to satisfy claims secured by a decision referred to in point (a) or recognised as valid in such a decision, within the limits set by applicable laws and regulations governing the rights of persons having such claims; (c) the decision or lien is not for the benefit of a natural or legal person, entity or body listed in Annex I; (d) recognising the decision or lien is not contrary to public policy in the Member State concerned; and (e) the Sanctions Committee has been notified by the Member State of the decision or lien. 2.   The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under paragraph 1.

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Other provisions in Council Regulation (EU) 2017/1770

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 2026-07-04

CitationArticle 4 of Council Regulation (EU) 2017/1770 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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