Judgment_paragraph 34 · National Iranian Oil Company v Council of the European Union (C-440/14 P)

34As the General Court noted in paragraph 54 of the judgment under appeal, it is clear from the wording of Article 215 TFEU that that provision does not preclude a regulation adopted on the basis of that provision from conferring implementing powers on the Commission or the Council under the conditions laid down in Article 291(2) TFEU, where uniform conditions for the implementation of certain restrictive measures provided for in that regulation are necessary. In particular, it is not apparent from Article 215(2) TFEU that the individual restrictive measures taken against natural or legal persons and groups or non-State entities must be adopted according to the procedure laid down in Article 215(1) TFEU and cannot be adopted on the basis of Article 291(2) TFEU.