ISLAMABAD – Pakistan Monday issued the United Nations Security Council(Freezing and Seizure) Order, 2019 in accordance with the provisions ofPakistan’s United Nations Security Council (UNSC) Act, 1948.
The objective of the UNSC (Freezing and Seizure) Order 2019 is tostreamline the procedure for implementation of Security Council Sanctionsagainst designated individuals and entities, said a statement issued hereby foreign office.
It may be recalled that the Chapter VII of the United Nations Charterauthorizes the United Nations Security Council (UNSC), acting under Article41, to decide measures, not involving the use of armed force, to giveeffect to its decisions for the maintenance of international peace andsecurity.
Over the years the sanctions regime of the United Nations Security Councilhave evolved.
A key measure of these sanctions regimes is “assets freeze” under whichStates are required to freeze/seize the assets of designated entities andindividuals as soon as they are designated by the relevant UNSC SanctionsCommittee.
In Pakistan, such decisions of the Security Council are implemented throughthe United Nations Security Council Act (UNSC), 1948.