1. It shall be prohibited to satisfy or to take any step to satisfy a claim made by:

(a) a person or body in Iraq or acting through a person or body in Iraq;

(b) any person or body acting, directly or indirectly, on behalf of or for the benefit of one or more persons or bodies in Iraq;

(c) any person or body taking advantage of a transfer or rights of, or otherwise claiming through or under, one or mode persons or bodies in Iraq;

(d) any other person or body referred to in paragraph 29 of United Nations Security Council Resolution 687 (1991);

(e) any person or body making a claim arising from or in connection with the payment of a bond or financial guarantee or indemnity to one or more of the above-mentioned persons or bodies,

under or in connection with a contract or transaction the performance of which was affected, directly of indirectly, wholly or in part, by the measures decided on pursuant to United Nations Security Council Resolution 661 (1990) and related resolutions.

2. This prohibition shall apply within the United Kingdom and to any national of the United Kingdom and any body which is incorporated or constituted under the law of the United Kingdom.