{
  "url": "https://openlegislation.uk/eu-regulation-1992-3541/introduction",
  "json_url": "https://openlegislation.uk/eu-regulation-1992-3541/introduction.json",
  "legislation": "eur/1992/3541",
  "legislation_title": "Council Regulation (EEC) no 3541/92 of 7 December 1992 prohibiting the satisfying of Iraqi claims with regard to contracts and transactions the performance of which was affected by United Nations Security Council Resolution 661 (1990) and related resolutions",
  "legislation_url": "https://openlegislation.uk/eu-regulation-1992-3541",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Council Regulation (EEC) no 3541/92\nof 7 December 1992\nprohibiting the satisfying of Iraqi claims with regard to contracts and transactions the performance of which was affected by United Nations Security Council Resolution 661 (1990) and related resolutions\nTHE COUNCIL OF THE EUROPEAN COMMUNITIES,\nWhereas, under Regulations (EEC) No 2340/90 and (EEC) No 3155/90, the Community has taken measures to prevent trade between the Community and Iraq;\nWhereas the United Nations Security Council has adopted Resolution 687 (1991) of 3 April 1991 which, in its paragraph 29, deals with claims by Iraq in relation to contracts and transactions the performance of which was affected by measures taken by the Security Council pursuant to Resolution 661 (1990) and related resolutions;\nWhereas the Community and its Member States meeting in Political Cooperation have agreed that Iraq must comply in full with the provisions of paragraph 29 of United Nations Security Council Resolution 687 (1991) and consider that, in deciding whether to reduce or lift measures taken against Iraq, pursuant to paragraph 21 of Security Council Resolution 687, particular account must be taken of any failure by Iraq to comply with paragraph 29 of the same Resolution;\nWhereas, as a consequence of the embargo against Iraq, economic operators in the Community and third countries are exposed to the risk of claims by the Iraqi side;\nWhereas it is necessary to protect operators permanently against such claims and to prevent Iraq from obtaining compensation for the negative effects of the embargo;\nWhereas the Community and its Member States meeting in Political Cooperation have agreed to resort to a Community instrument in order to ensure uniform implementation, throughout the Community, of paragraph 29 of United Nations Security Council Resolution 687 (1991);\nWhereas such uniform implementation is essential for achieving the aims of the Treaty establishing the European Economic Community and in particular for avoiding distortion of competition;\nWhereas the Treaty does not provide, for the adoption of this Regulation, powers other than those of Article 235,\nHaving regard to the Treaty establishing the European Economic Community, and in particular Article 235 thereof,\nHaving regard to the proposal from the Commission,\nHaving regard to the opinion of the European Parliament,\nHAS ADOPTED THIS REGULATION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ No L 213, 9. 8. 1990. p. 1. Last amended by Regulation (EEC) No 1194/91 (OJ No L 115, 8. 5. 1991, p. 37)."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "OJ No L 304, 1. 11. 1990. p. 1. Last amended by Regulation (EEC) No 1194/91 (OJ No L 115, 8. 5. 1991, p. 37)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Opinion delivered on 19 November 1992, (not yet published in the Official Journal)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/1992/3541/introduction",
    "retrieved_at": "2026-11-01T15:01:04.684950+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}