S/RES/2009 (2011)
more of the following purposes and in the absence of a negative decision by the
Committee within five working days of such a notification:
(i)
humanitarian needs;
(ii)
fuel, electricity and water for strictly civilian uses;
(iii) resuming Libyan production and sale of hydrocarbons;
(iv) establishing, operating, or strengthening
government and civilian public infrastructure; or
institutions
of
civilian
(v) facilitating the resumption of banking sector operations, including to
support or facilitate international trade with Libya;
(b) a Member State has notified the Committee that those funds, other
financial assets or economic resources shall not be made available to or for the
benefit of the individuals subject to the measures imposed in paragraph 17 of
resolution 1970 (2011) or paragraph 19 of resolution 1973 (2011);
(c) the Member State has consulted in advance with the Libyan authorities
about the use of such funds, other financial assets, or economic resources; and
(d) the Member State has shared with the Libyan authorities the notification
submitted pursuant to this paragraph and the Libyan authorities have not objected
within five working days to the release of such funds, other financial assets, or
economic resources;
17. Calls upon States to exercise vigilance when acting pursuant to
paragraph 16 above and to give due consideration to the use of international
financial mechanisms to promote transparency and prevent misappropriation, in
light of the challenges that yet remain for the Libyan authorities;
18. Requests the International Monetary Fund and the World Bank to work
with the Libyan authorities on an assessment of Libya’s public financial
management framework, which would recommend steps to be taken by Libya to
ensure a system of transparency and accountability with respect to the funds held by
Libyan governmental institutions, including the LIA, LNOC, LAFB, LAIP and
Libyan Central Bank, and further requests that the Committee be informed of the
results of that assessment;
19. Directs the Committee, in consultation with the Libyan authorities, to
review continuously the remaining measures imposed by resolutions 1970 (2011)
and 1973 (2011) with respect to the Central Bank of Libya, the LAFB, the LIA and
the LAIP, and decides that the Committee shall, in consultation with the Libyan
authorities, lift the designation of these entities as soon as practical to ensure the
assets are made available to and for the benefit of the people of Libya;
No Fly Zone and Ban on Flights
20. Takes note of the improved situation in Libya, emphasises its intention to
keep the measures imposed by paragraphs 6 to 12 of resolution 1973 (2011) under
continuous review and underlines its readiness, as appropriate and when
circumstances permit, to lift those measures and to terminate authorization given to
Member States in paragraph 4 of resolution 1973 (2011) in consultation with the
Libyan authorities;
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