L. Paul Bremer

“ Development Fund for Iraq and other Iraqi resources, including Iraqi petroleum and
petroleum products, are dedicated to the well-being of the Iraqi people,
Committed to ensuring, consistent with paragraph 14 of Resolution 1483, that the
Development Fund for Iraq shall be used in a transparent manner to meet the
humanitarian needs of the Iraqi people, for the economic reconstruction and repair of
Iraq's infrastructure, for the continued disarmament of Iraq, and for the costs of Iraqi
civilian administration, and for other purposes benefiting the people of Iraq ”

“ The Fund and the export sales of petroleum, petroleum products, and natural gas
from Iraq, shall be audited by independent public accountants nominated by the
Administrator and approved by the IAMB. The expenses incurred in obtaining the
services of the approved independent public accountants shall be charged against the
Fund. The CPA shall cooperate fully with the IAMB and the approved independent
public accountants in carrying out each party's respective responsibilities. ”

“ Sums shall be disbursed from the Fund, in accordance with
this Regulation, only upon the express direction of the Administrator, or upon the
express direction of individual (s) to whom the Administrator has delegated that
authority. ”