Reprint as at 20 September 2007
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.
A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.
This Act is administered in the Treasury
Title
[Repealed]
Preamble
1 Short Title
1A Purpose
2 Interpretation
3 Membership of Fund, Bank, Corporation, and Agency
4 Reserve Bank of New Zealand to be depository
5 Payments under Agreements and Convention
6 Power to borrow
7 Issue of securities
8 Application of certain Articles of Agreements
9 Application of certain Articles of Convention
Schedule 1
Schedule 2
Schedule 3
Schedule 4Resolution of Board of Governors setting forth the terms and conditions governing admission to membership in the International Monetary Fund
Schedule 5Resolution of Board of Governors setting forth the terms and conditions governing admission to membership in the International Bank for Reconstruction and Development
Schedule 6Resolution of Board of Governors setting forth the terms and conditions governing admission to membership in the International Finance Corporation
Schedule 7Convention Establishing the Multilateral Investment Guarantee Agency
Schedule IGuarantees of Sponsored Investments Under Article 24
Schedule IISettlement of Disputes Between A Member and the Agency Under Article 57
Schedule AMembership and Subscriptions (original list as per Convention booklet)
Schedule BElection of Directors
Reprint notes
Title: repealed, on 20 September 2007, by section 4 of the International Finance Agreements Amendment Act 2007 (2007 No 87).
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: