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Regulations Implementing the United Nations Resolutions and Imposing Special Economic Measures on Libya

Version of section 15.1 from 2011-09-22 to 2018-05-15:

  •  (1) Any person may apply to the Minister for a certificate to exempt the property of the designated persons referred to in paragraph 16 of Security Council Resolution 2009 affected by the application of section 7 from the application of that section if the property is to be used for one or more of the following purposes:

    • (a) humanitarian needs;

    • (b) fuel, electricity and water for strictly civilian uses;

    • (c) resuming the production and sale of hydrocarbons by Libya;

    • (d) establishing, operating or strengthening institutions of civilian government and civilian public infrastructure; or

    • (e) facilitating the resumption of banking sector operations, including to support or facilitate international trade with Libya.

  • (2) The Minister shall issue the certificate within 15 working days after receiving the application, if the Committee of the Security Council did not refuse the release of the property and if the conditions set out in paragraphs 16(b) to (d) of Security Council Resolution 2009 are met.

  • SOR/2011-198, s. 4

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