3. Acceptance of Agreement
Feedback & supportThe President may by instrument under his or her hand empower a person named in the instrument, on behalf of the Government —
to sign the Agreement and such other instruments required for admission to membership of the Association; and
Agreement
“Agreement” means the Articles of Agreement opened for signature at Washington on 24 September 1960 providing for the establishment and operation of the international body known as the International Development Association;
to deposit with the International Bank for Reconstruction and Development an instrument of acceptance stating that the Government has —
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.
membership resolution
“membership resolution” means the resolution adopted by the Board of Governors of the Association specifying the terms and conditions upon which Singapore is admitted to membership of the Association.