Singapore legislation

Section 3

of International Development Association Act 2002

Section 3

Acceptance of Agreement

The President may by instrument under his or her hand empower a person named in the instrument, on behalf of the Government —

(a)

to sign the Agreement and such other instruments required for admission to membership of the Association; and

(b)

to deposit with the International Bank for Reconstruction and Development an instrument of acceptance stating that the Government has —

(i)

accepted without reservation in accordance with the laws of Singapore the Agreement and the terms and conditions of the membership resolution; and (ii)taken all steps necessary to enable the Government to carry out all its obligations under the Agreement and the membership resolution.