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Article 9 Development Fund for Iraq

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(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 owed 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 1974f1.

(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.

Annotations

Footnotes

f1

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