# The Iraq (United Nations) (Sequestration of Assets) (Dependent Territories) Order 1993, Article 18: Compliance with Directions


(1) A relevant institution or any other person to whom a direction has been given under article 15(2) of article 16(2) shall, within 7 days of the expiry of the period specified for compliance or of the date of compliance, if earlier, notify the Governor in writing of having complied with the direction and shall provide him with such evidence of compliance as he may require within 7 days of being required to provide it.
(2) Where a person has not complied with a direction under article 16(2) within the period specified for compliance, the Governor may direct that person to deliver the petroleum or petroleum products, to which the direction under article 16(2) related, tothe Governor at such time and in such manner as he may specify.
(3) On delivery to him of the petroleum or petroleum products pursuant to a direction under paragraph (2) the Governor may sell it or them at such time and in such manner as he thinks fit and may remit the proceeds of sale to the escrow account.
(4) A relevant institution or other person to whom a direction has been given under article 15(2) or article 16(2) may deduct from the amount transferred to the escrow account such sum in respect of its or his costs in complying with the direction as the Governor may before the date of the transfer certify as appropriate.

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Source: https://www.legislation.gov.uk/uksi/1993/1245/article/18 (the official version)
Page: https://openlegislation.uk/iraq-united-nations-sequestration-of-assets-dependent-territories-order-1993/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

