Article 2 Exportation of Goods from Iraq or Kuwait
Except under the authority of a licence granted by the Secretary of State under this Order or the Import of Goods (Control) Order 1954f1, the Control of Gold, Securities, Payments and Credits (Republic of Iraq) Directions 1990f2, the Control of Gold, Securities, Payments and Credits (Kuwait) Directions 1990f3, the Hong Kong (Control of Gold, Securities, Payments and Credits: Kuwait and Republic of Iraq) Order 1990 or the Caribbean Territories (Control of Gold, Securities, Payments and Credits: Kuwait and Republic of Iraq) Order 1990f4 no person shall—
make or carry out any contract for the exportation of any goods from either Iraq or Kuwait;
make or carry out any contract for the sale of any goods which he intends or has reason to believe that another person intends to export from either Iraq or Kuwait; or
do any act calculated to promote the exportation of any goods from either Iraq or Kuwait.
No person shall deal in any goods that have been exported from Iraq or Kuwait after the 6th August 1990, that is to say, shall, by way of trade or otherwise for gain, acquire or dispose of such goods or of any property or interest in them or any right to or charge upon them or process them or do any act calculated to promote any such acquisition, disposal or processing by himself or any other person. Provided that the aforesaid prohibition shall not apply, if a licence has been granted under paragraph (1) of this Article, to any dealing authorised by the said licence.