# The Common Fund for Commodities (Immunities and Privileges) Order 1981, Article 5


The Fund shall have immunity from suit and legal process except:
(a) (i) in respect of an action relating to funds borrowed by the Fund which is brought by the lender of such funds or his assignees or successors in title;
(ii) in respect of an action relating to securities issued by the Fund which is brought by a buyer or holder of such securities or his assignees or successors in title:
but any such action may only be brought:
(i) if the Fund has agreed in writing with the other party to the dispute to be subject to the courts of the United Kingdom; or
(ii) if the Fund has its headquarters in the United Kingdom or has appointed an agent for the purpose of accepting service or notice of process in the United Kingdom, and:
1. no agreement has been made between the Fund and the other party to the dispute as to the forum; or
2. such an agreement is not effective for reasons other than the fault of the plaintiff in the action against the Fund;
(b) to the extent that the Fund shall have waived immunity.

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Source: https://www.legislation.gov.uk/uksi/1981/1802/article/5 (the official version)
Page: https://openlegislation.uk/common-fund-for-commodities-immunities-and-privileges-order-1981/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

