The rules preventing any trading activity with residents of Iraq ceased to apply where the person was so resident when the ban came into force but later left. A party could not rely upon the prohibition to make his contract illegal in these circumstances.
Citations:
Times 16-Jun-1999
Statutes:
Control of Gold, Securities, Payments and Credits (Republic of Iraq) Directions 1990 (1990 No 1616)
Jurisdiction:
England and Wales
Commercial
Updated: 22 April 2022; Ref: scu.89192
