Sanctions 2021

1. OVERVIEW

1.1 Describe your jurisdiction's sanctions regime.

Australia implements two types of economic sanctions:

1. United Nations Security Council (UNSC) multi-lateral sanctions, which Australia imposes as a member of the United Nations (UN) under the Charter of the United Nations Act 1945 (Cth) (the UN Act); and

2. autonomous sanctions which Australia imposes as part of its independent foreign policy under the Autonomous Sanctions Act 2011 (Cth) (the Sanctions Act) and Autonomous Sanctions Regulations 2011 (Cth) (the Sanctions Regulations). Contraventions of the Sanctions Act and Regulations give rise to serious penalties involving imprisonment and/or significant fines.