United Nations Security Council Resolution 1905
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United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 Security Council Resolution
United Nations Security Council Resolution
A United Nations Security Council resolution is a UN resolution adopted by the fifteen members of the Security Council; the UN body charged with "primary responsibility for the maintenance of international peace and security"....

 1905
, adopted unanimously on December 21, 2009, after noting the letter from Prime Minister of Iraq
Prime Minister of Iraq
The Prime Minister of Iraq is Iraq's head of government. Prime Minister was originally an appointed office, subsidiary to the head of state, and the nominal leader of the Iraqi parliament. Under the newly adopted constitution the Prime Minister is to be the country's active executive authority...

 Nouri al-Maliki
Nouri al-Maliki
Nouri Kamil Mohammed Hasan al-Maliki , also known as Jawad al-Maliki or Abu Esraa, is the Prime Minister of Iraq and the secretary-general of the Islamic Dawa Party. Al-Maliki and his government succeeded the Iraqi Transitional Government. He is currently in his second term as Prime Minister...

, the Council extended until 31 December 2010 the arrangements for depositing proceeds from oil and gas export sales into the Development Fund for Iraq
Development Fund for Iraq
In May 2003, following the invasion of Iraq in March of that year, the Central Bank of Iraq-Development Fund for Iraq account was created at the U.S. Federal Reserve Bank of New York at the request of the Coalition Provisional Authority Administrator...

, established under Resolution 1483
United Nations Security Council Resolution 1483
United Nations Security Council Resolution 1483, adopted on May 22, 2003, after recalling all previous resolutions on the situation between Iraq and Kuwait, the Council lifted trade sanctions against Iraq and terminated the Oil-for-Food Programme.The resolution was drafted by the United States and...

 (2003).

The Council, acting under Chapter VII of the United Nations Charter
Chapter VII of the United Nations Charter
Chapter VII of the United Nations Charter sets out the UN Security Council's powers to maintain peace. It allows the Council to "determine the existence of any threat to the peace, breach of the peace, or act of aggression" and to take military and nonmilitary action to "restore international peace...

, decided to review relevant parts of Resolution 1483 (2003) relating to the Development Fund mechanism and International Advisory and Monitoring Board
International Advisory and Monitoring Board
The International Advisory and Monitoring Board was appointed to oversee the Coalition Provisional Authority's disbursements from the humanitarian Development Fund for Iraq. When the CPA was authorized to manage the DFI by United Nations resolution 1483....

 at the request of the Iraqi Government by 15 June 2010, and called on the Government of Iraq, through the Council of Financial Experts, to report on the progress being made while ensuring the timely and effective transition to a post-Development Fund mechanism by 31 December 2010.

See also

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