Notice of the making of this Statutory Instrument was published in

"Iris Oifigiúil" of 28th December, 2010.

I, BRIAN LENIHAN, Minister for Finance, in exercise of the powers conferred on me by section 42(2) of the Criminal Justice (Terrorist Offences) Act 2005 (No. 2 of 2005), for the purpose of giving full effect to certain acts that are adopted by the institutions of the European Communities, and being of the opinion that Council Regulation (EC) No. 881/2002 of 27 May 2002¹ , as amended, is for the purpose of, or will contribute to, combating terrorism through the adoption of specific restrictive measures, directed at persons, groups or entities, for the identification, detection, freezing or seizure of their assets of any kind, hereby make the following Regulations:

1. These Regulations may be cited as the Criminal Justice (Terrorist Offences) Act 2005 (Section 42(2)) (Usama bin Laden, the Al-Qaida network and the Taliban) (Financial Sanctions) (No. 3) Regulations 2010.

2. (1) In these Regulations-

"Council Regulation" means Council Regulation (EC) No. 881/2002 of 27 May 20021, as amended by-

(a) Council Regulation (EC) No. 561/2003 of 27 March 2003² ,

(b) Act concerning the conditions of accession of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic and the adjustments to the Treaties on which the European Union is founded ³ ,

(c) Council Regulation (EC) No. 1791/2006 of 20 November 2006⁴ ,

(d) the amending Commission Regulations and corrigenda cited or referred to in the Criminal Justice (Terrorist Offences) Act 2005 (Section 42(2)) (Usama bin Laden, the Al-Qaida network and the Taliban) (Financial Sanctions) Regulations (No. 2) 2010 ( S.I. No. 499 of 2010 ),

(e) Commission Regulation (EU) No. 851/2010 of 27 September 2010⁵ ,

(f) Commission Regulation (EU) No. 906/2010 of 11 October 2010⁶ ,

(g) Commission Regulation (EU) No. 1001/2010 of 5 November 2010⁷ ,

(h) Commission Regulation (EU) No. 1027/2010 of 11 November 2010⁸ ,

(i) Commission Regulation (EU) No. 1138/2010 of 7 December 2010⁹ , and

(j) Commission Regulation (EU) No. 1139/2010 of 7 December 2010¹⁰ .

(2) A word or expression which is used in these Regulations and which is also used in the Council Regulation has, unless the context otherwise requires, the same meaning in these Regulations as it has in the Council Regulation.

3. Every person shall comply with the Council Regulation.

4. A person shall not do anything to directly or indirectly circumvent the provisions of the Council Regulation or of these Regulations.

GIVEN under my Official Seal,

17 December 2010.

BRIAN LENIHAN,

Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

These Regulations provide for enforcement of financial sanctions against certain persons and entities associated with Usama bin Laden, the Al-Qaida network and the Taliban imposed by Council Regulation (EC) No. 881/2002 of 27 May 2002, as amended by Council Regulation (EC) No. 561/2003 of 27 March 2003, Annex II of Act of Accession 2004, Council Regulation (EC) No. 1791/2006 of 20 November 2006 and various Council and Commission Regulations.

This update provides for enforcement of the additional amending Commission Regulations, which add to or remove entries from the asset-freeze list:

Commission Regulation (EU) No. 851/2010 of 27 September 2010,

Commission Regulation (EU) No. 906/2010 of 11 October 2010,

Commission Regulation (EU) No. 1001/2010 of 5 November 2010,

Commission Regulation (EU) No. 1027/2010 of 11 November 2010,

Commission Regulation (EU) No. 1138/2010 of 7 December 2010, and

Commission Regulation (EU) No. 1139/2010 of 7 December 2010.

Section 42 of the Criminal Justice (Terrorist Offences) Act 2005 creates an offence for breach of the provisions of these Regulations and provides for appropriate penalties.

1 OJ No. L.139, 29.5.02, p.9.

2 OJ No. L.82, 29.3.03, p.1.

3 OJ No. L.236, 23.9.03, p.773.

4 OJ No. L.363, 20.12.06, p.1.

5 OJ No. L.253, 28.9.10, p.46.

6 OJ No. L.268, 12.10.10, p.21.

7 OJ No. L.290, 6.11.10, p.33.

8 OJ No. L.296, 13.11.10, p.13.

9 OJ No. L.322, 8.12.10, p.4.

10 OJ No. L.322, 8.12.10, p.6.