Article 1

For the purpose of this Regulation: 1. "Taliban" means: the Afghan faction which also calls itself the Islamic Emirate of Afghanistan; 2. "Taliban Sanctions Committee" means: the Committee established by United Nations Security Council Resolution 1267 (1999); 3. "Taliban-controlled Afghanistan" means: the territory of Afghanistan under Taliban control as designated by the Taliban Sanctions Committee and set out in Annex III; 4. "Funds" means: financial assets and economic benefits of any kind, including, but not necessarily limited to, cash, cheques, claims on money, drafts, money orders and other payment instruments; deposits with financial institutions or other entities, balances on accounts, debts and debt obligations; publicly and privately traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures, derivatives contracts; interest, dividends or other income on or value accruing from or generated by assets; credit, right of set-off, guarantees, performance bonds or other financial commitments; letters of credit, bills of lading, bills of sale; documents evidencing an interest in funds or financial resources, and any other instrument of export-financing; 5. "Freezing of funds" means: preventing any move, transfer, alteration, use of or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the use of the funds, including portfolio management.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.