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The Implementation Of The Federal Investment Law

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Chapter Summary

Under the Iraqi legal system, there are three types of legal instruments, namely, statutes, regulations and instructions. Statutes are the legal instruments adopted by the legislative authority, which is the House of Representatives. Regulations, which are also known as "delegated legislation", are legal instruments whereby the legislature authorizes a minister, or a Secretary of State in the U.K., in a particular statute, to adopt rules containing technical and other details intended to facilitate the implementation of the statute in question. Instructions are legal instruments to be issued by a department, or a government entity, for the purpose of facilitating the implementation of the regulations, which are issued by the minister, or the Secretary of State, for the implementation of the law in question. These three instruments of legislation have been provided for in the context of the Federal Investment Law.

Keywords: Federal Investment Law; instructions; regulations; statutes

10.1163/ej.9789004172869.i-247.72
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