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The Iraq (United Nations Sanctions) Order 2003

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PRIVILEGES AND IMMUNITIES

Development Fund for Iraq

9.—(1) Except as provided in paragraph (2), the Development Fund for Iraq, its property and assets wherever located and by whomsoever held (including any rights or obligations owned by or to the Development Fund for Iraq), shall have the like privileges and immunities as the United Nations under Part II of the United Nations and International Court of Justice (Privileges and Immunities) Order 1974(1).

(2) The Development Fund for Iraq shall not have immunity from suit and legal process concerning liability for damages in connection with an ecological accident, including an oil spill, which occurs after 22nd May 2003.

Petroleum, petroleum products and natural gas

10.  All petroleum, petroleum products and natural gas originating in Iraq shall have immunity from suit and legal process. Such immunity shall cease once title has passed to a purchaser.

(1)

S.I. 1974/1261, as amended by S.I. 2002/1828.

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