Home | Databases | WorldLII | Search | Feedback Vanuatu Consolidated Subsidiary Legislation

Vanuatu Foreign Investment Promotion (Anti-Terrorism) Regulations

Commencement: 2 April 2002

VANUATU FOREIGN INVESTMENT PROMOTION
(ANTI-TERRORISM) REGULATIONS

Order 8 of 2002

To give effect to Resolution 1267 (1999), 1269 (1999), 1333 (2000) and 1390 (2002) of the United Nations Security Council.

1. Interpretation

In these regulations:

“entity” means an individual, a group of individuals, a body corporate, an unincorporated association or organization, or any other body;

“terrorist entity” means the Taliban, Al-Qaida or any other entity designated from time to time:

(a) by the Committee established by paragraph 6 of Resolution 1267 (1999) of the United Nations Security Council; or

(b) by or under one or more other resolutions of the United Nations Security Council.

2. Prohibited investments

An approval certificate must not be issued to a terrorist entity.

If an approval certificate issued to a terrorist entity is in force, the certificate is revoked.

If a terrorist entity is in any way involved in another entity that has a valid approval certificate, the certificate is revoked.