This notice is issued in respect of the restrictive measures directed by the Council of the European Union against Iran.

1. With the publication of the Judgment of the General Court of the European Union of 5 December 2012 in regard to Qualitest vs. Council (Case T-421/11) on 26 January 2013 (the “Judgment”), the General Court of the European Union has annulled, in so far as it concerns Qualitest FZE, Council Regulation 267/2012 (“the 2012 Regulation”). The Judgment has now come into force.
2. As a consequence of the Judgment, Qualitest is no longer subject to the asset freeze imposed by the 2012 Regulation (notwithstanding its continued appearance in Annex IX to the 2012 Regulation).
3. The Treasury’s Consolidated List of persons subject to financial sanctions in effect in the UK, which is maintained on the Treasury website, has been updated to reflect the Judgment.

Other information

4. A copy of the Judgment can be obtained from the Official Journal of the European Union website: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:C:2013:026:0043:0043:EN:PDF

5. A copy of the 2012 Regulation is available from the Financial Sanctions pages of the Treasury website at: http://www.hm-treasury.gov.uk/d/fin_sanc_councilreg_eu_267_2012.pdf

6. Copies of relevant Releases, UN Security Council Resolutions, EU Regulations and UK legislation can be obtained from the Iran (nuclear proliferation) regime page on the financial sanctions pages of the Treasury website:

http://www.hm-treasury.gov.uk/fin_sanctions_iran_nuclear.htm.

http://www.hm-treasury.gov.uk/d/fin_sanc_notice_iran_nuclear_290413.pdf