Clause 1
Short title and commencement
This Act may be cited as the Asian Development Bank (Amendment) Act, 1976, and shall be deemed to have come into operation on the 1st day of September 1976.
/akn/sg/act/bill/1976/16
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Asian Development Bank (Amendment) Bill is Singapore Bill, cited as Bill 16 1976, currently marked in force and first recorded in 1976.
Short title and commencement
This Act may be cited as the Asian Development Bank (Amendment) Act, 1976, and shall be deemed to have come into operation on the 1st day of September 1976.
New section 9A
The Asian Development Bank Act is hereby amended by inserting immediately after section 9 thereof the following new section: —“Companies Act shall not apply to Bank and to the issue by the Bank of shares, debentures etc9A. The Bank shall be deemed not to be a corporation within the meaning of the Companies Act (Cap. 185); and the provisions of that Act shall not, accordingly, apply to the Bank or to the issue by the Bank of any shares, debentures, bonds, notes or other securities.”.