Clause 3
Acceptance of Agreement
of International Development Association Bill
BillNot in forceProvision 3 of 10
Clause 3
The President is hereby authorised by instrument under his hand to empower such person as may be 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 accepted without reservation in accordance with the laws of Singapore the Agreement and the terms and conditions of the membership resolution, and has taken all steps necessary to enable the Government to carry out all its obligations under the Agreement and the membership resolution.