The Charter of the United Nations (Sanctions—Iraq) Regulations 2008, administered by Australia's Department of Foreign Affairs and Trade (DFAT), have been updated. The regulations establish prohibitions related to sanctioned supplies, the export of sanctioned goods, and the handling of illegally removed cultural property of Iraq. They also outline provisions for permits to make sanctioned supplies and the transfer of controlled assets to the Development Fund for Iraq.

Entities involved in international trade, particularly those dealing with goods or assets related to Iraq, must review these regulations to ensure compliance. This includes understanding what constitutes a 'sanctioned supply' and 'sanctioned goods,' and adhering to any permit requirements. Failure to comply may result in penalties under Australian sanctions law.