Member:
Basic information
1
Outline of the system
Import sanctions exist on goods originating in certain countries. These sanctions are set according to ACT no. 5/1969 to implement UN Security Council’s Resolutions. The Government's announcement for sanctions against certain countries usually gives no possibilities to apply for exemption.
2
Product coverage
Currently import sanctions are in force on all rough diamonds from Liberia.
Nature of licensing
Automatic
3
If Automatic, administrative purpose
Non-Automatic
4
If Non-Automatic, description of the notified Non-Automatic Licensing regime
5
Products under restriction as to the quantity or value of imports
The importation of the goods are regulated in accordance with Iceland’s international obligations.
6
Questions for products under restriction as to the quantity or value of imports
Not applicable
7
The system applies to products originating from which country?
See reply 2.
8
Expected duration of licensing procedure
Legal requirements
9
Is the licensing statutorily required?
The import control is based on Act. no. 5/1969 on the Implementation of the United Nations Security Council’s Resolutions.
10
Does the legislation leave designation of products to be subject to licensing to administrative discretion?
11
Is it possible for the government to abolish the system without legislative approval?
This act cannot be amended without legislative approval.
Eligibility of applicants
12
Is there a system of registration of persons or firms permitted to engage in importation?
13
What persons or firms are eligible to apply for a licence?
14
Is there a registration fee?
15
Is there a published list of authorized importers?
Contact point for information on eligibility
16
Ministry/Authority
17
Address
18
Telephone
19
Fax
20
E-mail address
21
Website
22
Contact officer
Submission of an application
23
Administrative body(ies) for submission of an application
Documentation requirements
24
What information is required in applications?
25
What documents is the importer required to supply with the application?
Window of submission of an application
26
How far in advance of importation must application for a licence be made?
27
Are there any limitations as to the period of the year during which application for licence can be made? If so, explain
Issuing the license
28
Can a licence be granted immediately on request?
29
Can licences be obtained within a shorter time-limit or for goods arriving at the port without a licence
30
Which administrative body is responsible for approving application of licences?
31
Must the applications be passed on to other organs for visa, note or approval?
32
Are there any other conditions attached to the issue of a licence?
Fees and other administrative charges
33
Is there any licensing fee or administrative charge?
34
What is the amount of the fee or charge?
35
Is there any deposit or advance payment required associated with the issue of licences?
36
Amount or rate?
37
Is it refundable?
38
What is the period of retention?
39
What is the purpose of this requirement?
Refusal of an application
40
Under what circumstances may an application for a licence be refused other than failure to meet the ordinary criteria?
41
Are the reasons for any refusal given to applicants?
42
Have applicants a right of appeal in the event of refusal to issue a licence?
43
If so, to what bodies and under what procedures?
Importation
44
Are there any limitations as to the period of year during which importation may be made?
45
What documents are required upon actual importation?
46
Are there any other administrative procedures, apart from import licensing and similar administrative procedures, required prior to importation?
Conditions of licensing
47
What is the period of validity of a licence? Can the validity be extended? How?
48
Is there any penalty for the non-utilization of a licence or a portion of a licence?
49
Are licences transferable between importers? If so, are any limitations or conditions attached to such transfer?
Foreign Exchange
50
Is foreign exchange automatically provided by the banking authorities for goods to be imported?
51
Is a licence required as a condition to obtaining foreign exchange?
52
Is foreign exchange always available to cover licences issued?
53