L 50/4 Official Journal of the European Communities 21.2.2002 (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 310/2002 of 18 February 2002 concerning certain restrictive measures in respect of Zimbabwe THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Articles 60 and 301 thereof, Having regard to Council Common Position 2002/145/CFSP of 18 February 2002 concerning restrictive measures against Zimbabwe (1), Having regard to the proposal from the Commission, Where 1) as: The Council has expressed serious concern about the situation in Zimbabwe, in particular the recent escala- tion of violence and intimidation of political opponents and the harassment of the independent press. It has noted that the Government of Zimbabwe has not taken effective measures to improve the situation as called for by the European Council in Laeken last December. The Council has assessed that the Government of Zimbabwe continues to engage in serious violations of human rights and of the freedom of opinion, of associa- tion and of peaceful assembly. Therefore, for as long as the violations occur, the Council deems it necessary to introduce restrictive measures against the government of Zimbabwe and those who bear a wide responsibility for such violations. Therefore, Common Position 2002/145/CESP provides that certain restrictive measures will be taken in respect of Zimbabwe, in particular the freezing of funds, finan- cial assets or economic resources of individual members of the Government and natural or legal persons asso- ciated with them as well as a ban on exports on repres- sion equipment and a ban on technical advice, assistance or training related to military activities. These measures fall under the scope of the Treaty and, therefore, notably with a view to avoiding distortion of competition, Community legislation is necessary to page 1 of this Official Journal. (") See implement the said measures as far as the territory of the Community is concerned. For the purpose of this Regulation, the territory of the Community is deemed to encompass the territories of the Member States to which the Treaty is applicable, under the conditions laid down in that Treaty, HAS ADOPTED THIS REGULATION: Article 1 For the purpose of this Regulation: 1. ‘Funds, other financial assets or economic resources’ means assets of every kind, whether tangible or intangible, movable or immovable, however acquired, and legal documents or instruments in any form, including electronic or digital, evidencing title to, or interest in, such assets, including, but not limited to, bank credits, travellers' cheques, bank cheques, money orders, shares, securities, bonds, drafts and letters of credit; 2. ‘freezing of funds, other financial assets or economic resour- ces’ 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. Article 2 1.  All funds, other financial assets or economic resources belonging to individual members of the Government of Zimbabwe and to any natural or legal persons, entities or bodies associated with them as listed in Annex I, shall be frozen. 2. No funds, financial assets or economic resources shall be made available directly or indirectly to or for the benefit of natural or legal persons, entities or bodies listed in Annex L