Blocking Property of Additional Persons Undermining Democratic Processes or Institutions in Zimbabwe
Headline: Blocks Property of Additional Persons Undermining Zimbabwe's Democratic Institutions
What it does: Agencies must enforce blocking of property and prohibit transactions and donations involving persons who undermine Zimbabwe's democratic processes.
- Freezes assets and financial accounts of listed individuals in the United States.
- Bans donations and transactions by U.S. persons that benefit listed people.
- Requires U.S. agencies to issue rules and enforce asset blocks.
Summary
This order blocks property and financial interests of people who undermine democratic processes or institutions in Zimbabwe. It replaces the prior annex to an earlier order and expands who may be listed.
The Secretary of the Treasury, in consultation with the Secretary of State, can designate additional individuals, freeze their assets in or under U.S. control, and prohibit donations and transactions that benefit them. All U.S. agencies must take appropriate measures to enforce these restrictions. The order takes effect November 23, 2005.
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