International Finance Agreements Act 1961

  • not the latest version

International Finance Agreements Act 1961

Public Act1961 No 3
Date of assent16 August 1961

Note

This Act is administered in the Treasury


An Act to make provision for the Government of New Zealand to become a member of the International Monetary Fund, the International Bank for Reconstruction and Development, and the International Finance Corporation, and to make further provision in respect thereof

  • Preamble

    WHEREAS the International Monetary Fund and the International Bank for Reconstruction and Development were established pursuant to agreements drawn up at the United Nations Monetary and Financial Conference held in the month of July 1944: And whereas the International Finance Corporation was established pursuant to the Articles of Agreement approved by the Executive Directors of the International Bank for Reconstruction and Development on the 11th day of April 1955: And whereas the Fund and the Bank and the Corporation have prescribed terms and conditions (as set out in Schedules 4, 5, and 6 to this Act) upon which the Government of New Zealand may be admitted to membership of the Fund and the Bank and the Corporation: And whereas it is desirable to make provision accordingly.

BE IT THEREFORE ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows: