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Council Regulation (EC) No 1210/2003 Article 10

Council Regulation (EC) No 1210/2003 Article 10

Article 10

1. The following shall be immune from legal proceedings and shall not be subjected to any form of attachment, garnishment or execution: (a) petroleum, petroleum products and natural gas originating in Iraq, until title to such goods has been passed to a purchaser; (b) proceeds and obligations arising from the sale of petroleum, petroleum products and natural gas originating in Iraq, including payments for such goods deposited into the Development Fund for Iraq held by the Central Bank of Iraq; (c) funds and economic resources frozen pursuant to Article 4; (d) the Development Fund for Iraq held by the Central Bank of Iraq. 2. By way of derogation from paragraph 1, the proceeds and obligations arising from the sale of petroleum, petroleum products and natural gas originating in Iraq, and the Development Fund for Iraq shall not be immune from claims made on the basis of Iraq's liability for damages in connection with any ecological accident occurring after 22 May 2003.

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Other provisions in Council Regulation (EC) No 1210/2003

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 10 of Council Regulation (EC) No 1210/2003 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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