Part 8: Financial sanctions Section 154: Linking of UN financial sanctions Resolutions with EU financial sanctions Regulations
Subsection (1) enables the Treasury to make regulations (subject to the negative procedure) linking UN financial sanctions Resolutions to EU financial sanctions Regulations, in order that the deeming provisions in section 135 can apply. This means that when the UN makes a listing that would, when implemented by the EU, fall under a current EU Regulation, that listing can take effect automatically.