Book V: Service providers

For the purposes of this Chapter, the following definitions shall apply 1° “Act of terrorism”: the acts defined in Article 1(4) of Council Regulation (EU) No 2580/2001 of 27 December 2001 on specific restrictive measures directed against certain persons and entities with a view to combating terrorism; 2° “Funds”: financial assets and economic benefits of any kind, in particular : a) Cash, claims on cash, drafts, payment orders and other…

The Minister for the Economy and the Minister for the Interior may jointly decide, for a renewable period of six months, to freeze funds and economic resources: 1° Which belong to, are owned, held or controlled by natural or legal persons, or any other entity that commits, attempts to commit, facilitates or finances terrorist acts, or incites or participates in them; 2° Which are owned, held or controlled by legal…

The Minister responsible for the economy may decide, for a renewable period of six months, to freeze funds and economic resources: 1° Belonging to, owned, held or controlled by natural or legal persons, or any other entity that commits, attempts to commit, facilitates or finances actions sanctioned or prohibited by resolutions adopted under Chapter VII of the United Nations Charter or acts adopted pursuant to Article 29 of the Treaty…

The Minister for the Economy, in conjunction with the Minister for Foreign Affairs, shall draw up a list of resolutions adopted under Chapter VII of the United Nations Charter on the basis of which designated persons and entities shall be frozen without delay in accordance with the procedures set out in the second and third paragraphs. The funds and economic resources of the natural or legal persons or of any…

The following are required to apply without delay the freezing measures and prohibitions on making available or using the assets provided for in this chapter and in Articles L. 712-4 and L. 712-10 and to immediately inform the Minister responsible for the economy thereof: 1° Any natural person, whether a national or a foreign national, who is on national territory ; 2° The persons referred to in Article L. 561-2…

I.-The persons referred to in Article L. 561-2 shall put in place an organisation and internal procedures for the implementation of the measures for freezing assets and prohibiting the making available or use of funds or economic resources provided for in this chapter, in Articles L. 712-4 and L. 712-10 and by the European regulations on restrictive measures taken pursuant to Articles 75 or 215 of the Treaty on the…

The persons referred to in Article L. 562-4 are prohibited from making funds or economic resources available, directly or indirectly, to or for the benefit of persons whose funds or economic resources are subject to a freezing order pursuant to Articles L. 562-2, L. 562-3, L. 562-3-1, L. 712-4 or L. 712-10.

The persons referred to in article L. 562-4 are prohibited from knowingly and intentionally participating in activities the purpose or effect of which is to circumvent the measures taken pursuant to this chapter and articles L. 712-4 and L. 712-10.

The prohibitions laid down in this chapter shall not prevent the payment of funds into accounts held with persons referred to in Article L. 561-2, whose funds are frozen pursuant to Articles L. 562-2, L. 562-3, L. 562-3-1, L. 712-4 or L. 712-10. The persons referred to in Article L. 562-4 who credit an account whose funds are frozen shall inform the Minister for the Economy without delay.