| Author (Corporate) | European Commission, High Representative of the EU for Foreign Affairs and Security Policy |
|---|---|
| Series Title | JOIN |
| Series Details | (2012) 21 final (12.7.12) |
| Publication Date | 12/07/2012 |
| Content Type | Policy-making |
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Regulation (EU) No 267/2012 gives effect to the measures provided for in Decision 2012/35/CFSP concerning restrictive measures against Iran. Where a Member State takes action in order to ensure that legal obligations concerning the health and safety of workers and environment protection are respected where cooperation with Iranian persons, entity or body may be affected by this Regulation, in cases of urgency, a Member State should be allowed to take such action without prior notification provided that it notifies the other Member States and the Commission as soon as possible afterwards. Where a Member State had granted a licence to engage in the activities of exploitation of hydrocarbons to a designated person, entity or body before that person, entity or body was designated, the competent authority of that Member State may authorise derogation from certain prohibitions provided for in the Regulation where such derogation is needed to avoid environmental damage or permanent destruction of the license’s value. |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=JOIN:2012:021:FIN |
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| Countries / Regions | Europe, Middle East |
