Cap. 365 Art. 2Interpretation.

In this Act -

"the Board" means the Sanctions Monitoring Board established under article 7; "Charter" means the Charter of the United Nations signed at San Francisco on the 26th June, 1945; '' Council of the European Union'' means the Council established by the Treaty; "the European Union" means the European Union as referred to in the Treaty; "freeze" means to prohibit the transfer, conversion, disposition or other movement of a property; "international treaty" includes any bilateral or regional treaty; "the Minister" means the Minister responsible for foreign affairs;

"prohibition" includes restriction and regulation including the obligation to report or register any activity or transaction, and prohibition of trade includes the interruption or reduction of economic relations; ''Regulation of the Council of the European Union'' means any Council Regulation which from time to time may be published by the European Union imposing sanctions of whatever nature referred to in † the Official Journal of the European Union, and includes any amendment thereto, including any amendment or addition to any related list of designated persons or entities, and any repealing Regulation;

"Security Council" means the Security Council established under Chapter V of the Charter;

"trade" includes the manufacture, assembly or processing of goods as well as the provision of services including the movement of capital, payments and other financial services, as well as the

*This Act has been repealed by Act XXXV of 2025. Regulation 39. Vide † http://eur-lex.europa.eu/oj/direct-access.html/ or https://eeas.europa.eu/headquarters/headquarters-homepage/search/site/ consolidated%20list_en transfer of technological and scientific knowledge; "the Treaty" means the Treaty referred to in article 2 of the

European Union Act; "United Nations" means the international organisation set up by the Charter. "United Nations Security Council Resolution" means any Council Resolution which from time to time may be published by the United Nations Security Council imposing sanctions of whatever nature, referred to in the yearly compendiums of United Nations Security * Council resolutions and decisions, and includes any amendment thereto, including any amendment or addition to any related list of designated persons or entities, and any repealing Resolution.