MT
562 tal-2010 - Regolamenti tal-2010 dwar Bord ta’ Sorveljanza
Table of Provisions (7)
Statutory Text (7 Articles)
L.N. 562 of 2010
SANCTIONS (MONITORING BOARD) REGULATIONS
(CAP. 365)
Sanctions (Monitoring Board) Regulations, 2010
The title of these regulations is the Sanctions (Monitoring
Board) Regulations, 2010.
(1) There shall be a Monitoring Board having the
functions set out in this regulation.
(2) The Monitoring Board shall be composed of
a representative of the Ministry of Foreign Affairs who shall
be Chairman, the Attorney General or his representative, a
representative of the Office of the Prime Minister, a representative
of the Ministry responsible for Home Affairs, a representative of
the Ministry responsible Finance, the Economy and Investment,
a representative of the Ministry responsible for Trade Services,
a representative of the Customs Department, a representative of
the Central Bank of Malta, representative of the Malta Financial
Services Authority and a representative of the Ministry of
Infrastructure, Transport and Communications.
(3) The Monitoring Board shall have the function
to monitor the operation of regulations made under the National
Interest (Enabling Powers) Act, hereinafter referred to as “the Act”,
in accordance with such directives as provided for under article
3(1), (3), (5), (6), (7) and (8) of the Act with a view of harmonising
practice thereon with that followed by other States enforcing the
sanctions relative to the same regulations.
(4) The Monitoring Board shall at the end of each year,
or earlier if so requested, make a report of its activities to the Prime
Minister.
A person may request the Monitoring Board to give a Negative clearance.
ruling on whether an action intended by him falls to be prohibited
by any particular regulation issued under the Act, and no liability
shall attach under any such regulations where a person has acted in
conformity with any such ruling.
No liability, criminal or civil, shall attach to any member
of the Monitoring Board for any action done in good faith as a
member thereof.
The members of the Monitoring Board shall regard any
matter coming to their knowledge in any request under regulation
3 as secret and confidential, and shall not in any report made
in accordance with regulation 2(4), reveal the names or other
identifying particulars known to them in connection with a request
for negative clearance made in accordance with regulation 3.
The Sanctions (Monitoring Board) Regulations, 2006 are
2006. hereby being repealed.
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