#52026XG02064Notice for Persons and Entities Subject to EU Restrictive Measures Against Certain Iranian Persons and Entities
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law outlines the continuation of restrictive measures against certain Iranian persons and entities as designated in specific EU regulations. It informs the affected parties about the possibility of applying for authorization to use frozen funds for essential needs. Furthermore, those on the list can submit requests for reconsideration or challenge the measures legally before the General Court of the EU.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Continued inclusion of certain Iranian persons and entities in restrictive measures
- Possibility for affected parties to apply for frozen funds for basic needs
- Opportunity to challenge the Council's decision legally
Obligations
What this law requires
Persons and entities listed in the Annex to Council Decision 2011/235/CFSP and Annex I to Council Regulation (EU) No 359/2011 must comply with restrictive measures as continued by Council Decision (CFSP) 2026/779 and Council Implementing Regulation (EU) 2026/776
Designated persons and entities may apply to competent authorities of relevant Member States for authorization to use frozen funds for basic needs or specific payments
Designated persons and entities must submit requests for reconsideration to the Council of the European Union General Secretariat (RELEX.1) at the specified address or email (sanctions@consilium.europa.eu) on or before 1 January 2027, accompanied by supporting documentation
Designated persons and entities must be informed of their right to challenge the Council's decision before the General Court of the European Union under Article 275 (2nd paragraph) and Article 263 (4th and 6th paragraphs) of the Treaty on the Functioning of the European Union