competent authoritiesmeans the authorities of the Member States, as listed in Annex II.
economic resourcesmeans assets of every kind, whether tangible or intangible, movable or immovable, which are not funds but can be used to obtain funds, goods or services;
freezing of economic resourcesmeans preventing their use to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;
freezing of fundsmeans preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;
fundsmeans financial assets and economic benefits of every kind, including but not limited to cash, cheques, claims on money, drafts, money orders and other payment instruments;
sanctions Committeemeans the Committee of the UN Security Council established pursuant to UN Security Council Resolution 1267 (1999) concerning ISIL (Da'esh) and Al-Qaida;
statement of reasonsmeans the publicly releasable portion of the statement of case as provided by the Sanctions Committee and/or, where applicable, the narrative summary of reasons for listing as provided by the Sanctions Committee;