The Libya (Restrictive Measures) (Overseas Territories) (Amendment) Order 2012

• Citation: S.I. 2012/356
• Sections: 4

Section 1 Citation, commencement and extent

This Order may be cited as the Libya (Restrictive Measures) (Overseas Territories) (Amendment) Order 2012 and shall come into force on 17th February 2012.

Section 2 Citation, commencement and extent

In this Order, “the principal Order ” means the Libya (Restrictive Measures) (Overseas Territories) Order 2011 .

Section 3 Citation, commencement and extent

This Order shall extend to the territories listed in Schedule 1 of the principal Order.

Section 4 Amendments to the principal Order

Article 2(1) of the principal Order is amended as follows—

(a) in the definition of “designated person”, for the words “and Zueitina Oil Company and excluding the persons referred to in paragraph 15 of Security Council resolution 2009 (2011)” substitute the words “, Zueitina Oil Company, the Central Bank of Libya, the Libyan Arab Foreign Bank, the Libyan Investment Authority and the Libyan Africa Investment Portfolio”; and

(b) for the definition of “person referred to in paragraph 15 of Security Council resolution 2009 (2011)” substitute—

“person referred to in paragraph 15 of Security Council resolution 2009 (2011)” means the Libyan Investment Authority or the Libyan Africa Investment Portfolio or both;