Saturday's resolution adopted by the 15-nation council also called for the immediate referral of the deadly crackdown against anti-government demonstrators in Libya to the International Criminal Court in The Hague for investigation and possible prosecution of anyone responsible for killing civilians.
The council demanded an "immediate end to the violence and for steps to address the legitimate demands of the population" in Libya.
It called for Libyan authorities to act "with restraint, respect human rights and international humanitarian law," and facilitate immediate access for international human rights monitors.
The council called for an immediate lifting of restrictions "on all forms of media" and for the safety of foreign nationals to be assured and their departure facilitated.
Under the arms embargo, UN members will take immediate and necessary measures to "prevent the direct or indirect supply, sale or transfer to Libya ... of arms and related material of all types, including weapons and ammunition, military vehicles and equipment."
Libya would be prohibited from importing all arms and related material and all UN members should prevent their nationals from exporting them.
The travel ban and assets will target the 68-year-old Libyan leader, his adult children, other family members and top defence and intelligence officials accused of playing a role in the bloodshed.
UN Sanctions on Libya
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