Category:New Zealand Embargoed Countries
From Sanctions Wiki
The New Zealand Freeze Regulations prohibit dealings in assets, money, or securities of, or derived from property of, designated persons or entities, and prohibit sending funds to designated persons or entities. As provided by section 3 of the United Nations Act 1946, the maximum penalty for a breach of the regulations is six months imprisonment or a fine of NZ $10,000 for an individual; and a fine of NZ $100,000 for a corporation.
Source of reference Sanctions New Zealand (UN)
Detailed freeze list of New Zealand Sanctions New Zealand (Detailed) (Not Included Terrorist Designations - see below)
In October 2002, New Zealand enacted the Terrorism Suppression Act (TSA). The TSA establishes a legal framework for the suppression of terrorism. In particular, it is the mechanism by which New Zealand gives effect to the United Nations Security Council (“UNSC”) mandatory resolutions requiring UN member states to take certain steps to suppress terrorism. An important feature of this framework is the Prime Minister’s power under the TSA to designate individuals or groups as terrorist or associated entities. Designation can be on an “interim” (s 20 TSA) or “final” (s 22 TSA) basis.
There are two broad categories of entities that are affected by the TSA:
- entities listed by the UN as terrorist entities (by the UNSC’s 1267 Committee)
- non-UN listed entities designated under the TSA
For an overview of designated individuals and organizations see New Zealand Police