Bare Act Search Results

International Monetary Fund and Bank Act, 1945 Complete Act

State: Central

Year: 1945

.....form of Judieial process except to the extent that it expressly waives its immunity for the purpose of any proceed ings or by the terms of any contract. 4 Immunity from other action Property and assets of the Fund. wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action. 5 Immunity of archives The archives of the Fund shall be inviolable. 6 Freedom of assets from restrictions. To the extent necessary to carry out thea [activities] provided for in this Agreement, all property and assets of the Fund shall be free from restrictions, regulations, controls and moratoria of any nature. 7 Privilege for communications. The official communications of the Fund shall be accorded by members the same treatment as the official communications of other members. 8 Immunities and privileges of officers and employees All Governors, executive directors, alternates,b [members of committees, representatives appointed under Article XII.section 3-(j). advisers of any of the forgoing persons, officers and employees] of the Fund - (i) shall be immune from legal process with respect to.....