2014/42/EU: Council Regulation of 20 January 2014 amending Regulation (EU) No 267/2012 concerning restrictive measures against Iran

"3 The prohibition laid down in point (c) of paragraph 1 shall be suspended as regards the products listed in Annex XI.

4 The prohibition laid down in point (d) of paragraph 1 shall be suspended insofar as it concerns the provision of insurance and reinsurance related to the import, purchase or transport of the products listed in Annex XI.".

"3 The prohibitions laid down in points (a), (b), (c) and (d) of paragraph 1 shall be suspended.".

"3 The prohibitions laid down in points (a), (b) and (c) of paragraph 1 shall be suspended as regards the products listed in Annex XII.".

1 By way of derogation from Article 23(2) and (3), the competent authorities may authorise, under such conditions as they deem appropriate, the release of economic resources or the making available of funds or economic resources, directly or indirectly, to the Ministry of Petroleum as listed in Annex IX, after having determined that those funds or economic resources are necessary for the execution of contracts for the import or purchase of the petrochemical products listed in Annex V, that originate in Iran or have been imported from Iran.

2 The Member States concerned shall inform the other Member States and the Commission, within 4 weeks, of authorisations granted under this Article.".

This Regulation shall enter into force on the date of its publication in the Official Journal of the European Union.