L 49)2 Official Journal of the European Union 22.2.2012 REGULATIONS COMMISSION IMPLEMENTING REGULATION (EU) No 151/2012 of 21 February 2012 amending Council Regulation (EC) No 314/2004 concerning certain restrictive measures in respect of Zimbabwe THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Council Regulation (EC) No 314/2004 of 19 February 2004 concerning certain restrictive measures in respect of Zimbabwe (1), and in particular Article 11(b) thereof, Whereas: (1) Annex III to Regulation (EC) No 314/2004 lists the persons covered by the freezing of funds and economic resources under that Regulation. Annex II of Regulation (EC) No 314/2004 lists the competent authorities to which specific functions relating to the implementation of that Regulation are attributed. (2)  Council Decision 2011/101/CFSP of 15 February 2011 (%) identifies the natural and legal persons to whom restrictions are to apply as provided for in Article 5 of that Decision, and Regulation (EC) No 314/2004 gives effect to that Decision to the extent that action at Union level is required. Annex III to Regulation (EC) No 314/2004 should, therefore, be amended to ensure consistency with this Council Decision. (3)  Annex II to Regulation (EC) No 314/2004 should also be updated, on the basis of the information most recently provided by Member States regarding the identification of competent authorities. Annex II to Regulation (EC) No 314/2004 should therefore be amended accordingly. HAS ADOPTED THIS REGULATION: Article 1 Annex IIT to Regulation (EC) No 314/2004 shall be replaced by Annex I to this Regulation. Article 2 Annex II to Regulation (EC) No 314/2004 shall be replaced by Annex II to this Regulation. Article 3 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 21 February 2012. () O] L 55, 24.2.2004, p.1. () O] L 42, 16.2.2011, p. 6-23 For the Commission, On behalf of the President, Head of the Service for Foreign Policy Instruments