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S.I. No. 312/1998 - European Communities (Reduction of Certain Economic Relations With The Federal Republic of Yugoslavia) Regulations, 1998.

S.I. No. 312 of 1998.

EUROPEAN COMMUNITIES (REDUCTION OF CERTAIN ECONOMIC RELATIONS WITH THE FEDERAL REPUBLIC OF YUGOSLAVIA) REGULATIONS, 1998.

I, MARY HARNEY, Minister for Enterprise, Trade and Employment, in exercise of the powers conferred on me by section 3 of the European Communities Act, 1972 (No. 27 of 1972), and for the purpose of giving full effect to Council Regulation (EC) No. 926/98 of 27 April, 19981, hereby make the following Regulations:

1. These Regulations may be cited as the European Communities (Reduction of Certain Economic Relations with the Federal Republic of Yugoslavia) Regulations, 1998.

2. A person who contravenes Article 1, 2(a) or 3 of Council Regulation (EC) No. 926/98 of 27 April, 19981 shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding£1,500 or to imprisonment for a term not exceeding 12 months or to both.

1 OJ No. L130, 1.5.1998, p. 1.

3. Where an offence under Regulation 2 of these Regulations is committed by a body corporate and is proved to have been so committed with the consent, connivance or approval of, or to have been attributable to any neglect on the part of any person, being a director, manager, secretary or other officer of the body corporate or a person who was purporting to act in any such capacity, that person as well as the body corporate shall be guilty of an offence and shall be liable to be proceeded against and punished as if he were guilty of the first mentioned offence.

GIVEN under my Official Seal, this 31st day of August, 1998.

MARY HARNEY,

Minister for Enterprise, Trade and Employment.

EXPLANATORY NOTE.

The effect of this Order is to reduce certain economic relations with the Federal Republic of Yugoslavia as provided for in Council Regulation (EC No. 926/98, and to provide for penalties for infringement of the prohibition.