Contents
- 1. All funds and economic resources belonging to, owned, held…
- 2. No funds or economic resources shall be made available dir…
- 3. The competent authority of a Member State may authorise th…
- 4. By way of derogation from paragraph 1, the competent autho…
- 5. Paragraph 1 shall not prevent a natural or legal person, e…
- 6. Paragraph 2 shall not apply to the addition to frozen acco…
- 7. Paragraph 1 and 2 shall not apply to the making available…1 change
1.All funds and economic resources belonging to, owned, held or controlled by, natural or legal persons, entities or bodies:
(a)responsible for serious human rights violations or abuses or for the repression of civil society and democratic opposition in Nicaragua;
(b)whose actions, policies or activities otherwise undermine democracy or the rule of law in Nicaragua;
(c)associated with the natural or legal persons, entities or bodies referred to in points (a) and (b);
as listed in the Annex, shall be frozen.
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