Contents
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 4 of the Asian Infrastructure Investment Bank Agreement Act, makes the annexed Privileges and Immunities of the Asian Infrastructure Investment Bank Order.note
Privileges and Immunities
1Chapter IX of the Agreement#
The following privileges and immunities, as set out in Chapter IX of the Agreement, are granted to the Bank:
(a)the full juridical personality and full legal capacity, as set out in Article 45 of the Agreement;
(b)the immunity from every form of legal process, as set out in Article 46 of the Agreement;
(c)the immunity of its property and assets and the inviolability of its archives and documents, as set out in Article 47 of the Agreement;
(d)the freedom from restrictions, regulations, controls and moratoria of all property and assets to the extent set out in Article 48 of the Agreement;
(e)the same treatment accorded to its official communications as is accorded to the official communications of any other member, as set out in Article 49 of the Agreement;
(f)the immunities and privileges of its officers and employees, as set out in Article 50 of the Agreement; and
(g)the exemption from taxation, as set out in Article 51 of the Agreement.
Coming into Force
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