Section 3
Acceptance of Agreement
of International Development Association Act 2002
ActIn forceProvision 3 of 10
Section 3
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.