Firstly, countries were authorised to permit the import of petroleum, petroleum products and related financial transactions originating in Iraq for a total sum of up to US$ 1 billion every 90 days, subject to the approval of the Committee established in Resolution 661 and that payments made for oil would be made into the escrow account created by the current resolution. Turkey was permitted to charge fees for using the Kirkuk-Yumurtalik pipeline in its territory. The aforementioned would come into force at 00:01 EST the day after the President of the Security Council announced that he had received a report by the Secretary-General Boutros Boutros-Ghali, with the provisions remaining in force for an initial period of 180 days. A review would be conducted halfway through this period.