Judgment_paragraph 71 · National Iranian Tanker Company v Council of the European Union (T-565/12)

71The Council refers to settled case-law, according to which the second paragraph of Article 60 of the Statute of the Court of Justice is applicable as regards the temporal effects of the annulment by the General Court of a regulation, such as Regulation No 267/2012, which imposes restrictive measures. The Courts of the European Union have, to date, held that Regulation No 267/2012, including Annex IX thereto, has the nature of a regulation, since the second paragraph of Article 51 thereof provides that it is to be binding in its entirety and directly applicable in all Member States, which corresponds to the effects of a regulation as provided for in Article 288 TFEU (Bateni v Council, paragraph 83, and Case T-110/12 Iranian Offshore Engineering & Constructions v Council [2013] ECR, paragraph 74; see also, by analogy, Case C-548/09 P Bank Melli Iran v Council [2011] ECR I-11381, paragraph 45).