Approve President’s Statement re the Economic Sanctions (Implementation of United Nations Resolutions on The Islamic Republic of Iran) Order, 2018
House of Representatives - 4th Session - 11th Republican Parliament
WHEREAS by section 4 of the Economic Sanctions Act, Chap. 81:05 the President may for the purpose of implementing a decision, resolution or recommendation by a regional or an international organisation of States or association of States, of which Trinidad and Tobago is a member, that calls on its members to take economic measures against a foreign State make an order with respect to -
- (a) the restriction or prohibition of any of the activities referred to in section 5 in relation to a foreign State;
- (b) the seizing, freezing or sequestration in the manner set out in the Order any property situated in Trinidad and Tobago that is held by or on behalf of -
- (i) a foreign State;
- (ii) any person in that foreign State; or
- (iii) a national of that foreign State who does not ordinarily reside in Trinidad and Tobago.
- (c) the exclusion of any person, property, goods, technical data, services, transactions, ships or aircraft or any class thereof from the application of the Order.
AND WHEREAS the United Nations Security Council Resolutions 2231(2015) relative to Iran, United Nations Security Council Resolution 1540(2004) and its successor resolution, Member Countries of the United Nations were called on to impose economic sanctions on the Islamic Republic of Iran;
AND WHEREAS Trinidad and Tobago is required to implement the Financial Action Task Forceâ€™s Recommendations 7 relative to the Islamic Republic of Iran which requires that countries implement target financial sanctions to comply with United Nations Security Council Resolutions (UNSCRs) relating to the prevention, suppression and disruption of proliferation of weapons of mass destruction and its financing;
AND WHEREAS the aforementioned resolutions require countries to freeze without delay the funds and other assets of, and to ensure that no funds and other assets are made available, directly or indirectly, to or for the benefit of, any person or entity designated by, or under the authority of, the United Nations Security Council under Chapter VII of the Charter of the United Nations;
AND WHEREAS the President, by Legal Notice No 185 of 14th December, 2018 signed the Economic Sanctions (Implementation of United Nations Resolutions on The Islamic Republic of Iran) Order, 2018;
AND WHEREAS the President, in accordance with section 4(4) of the Economic Sanctions Act, Chap. 81:05 did cause to be delivered on the 17th December, 2018 to the Speaker for presentation to the House of Representatives a statement setting out the specific grounds on which the decision to make the Order was based;
AND WHEREAS section 4(4) requires the statement of Her Excellency the President, be debated as soon as practicable but in any event not later than one month from the date of the commencement of the Order;
BE IT RESOLVED that the Statement of Her Excellency the President pursuant to section 4(4) of the Economic Sanctions Act, Chap 81:05, setting out the specific grounds on which the decision to make the Economic Sanctions (Implementation of United Nations Resolutions on The Islamic Republic of Iran) Order, 2018 was based, be approved.
(By the Attorney General)