Regulation 1
Citation
This Order is the Bretton Woods Agreements Order 1966.
/akn/sg/act/sub_leg/1966/BWAA-OR1
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Quick answer
Bretton Woods Agreements Order 1966 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation BWAA-OR1 1966, currently marked in force and first recorded in 1966.
Citation
This Order is the Bretton Woods Agreements Order 1966.
Definitions
In this Order —“Bank” means the international body established by the Bank Agreement;“Bank Agreement” means the Agreement for the establishment and operation of an international body known as the International Bank for Reconstruction and Development;“Fund” means the international body established by the Fund Agreement;“Fund Agreement” means the Agreement for the establishment and operation of an international body known as the International Monetary Fund.
“Bank” means the international body established by the Bank Agreement;
“Bank Agreement” means the Agreement for the establishment and operation of an international body known as the International Bank for Reconstruction and Development;
“Fund” means the international body established by the Fund Agreement;
“Fund Agreement” means the Agreement for the establishment and operation of an international body known as the International Monetary Fund.
Fund Agreement and the Bank Agreement to have force of law
To enable the Fund and the Bank to fulfil the functions with which they are respectively entrusted, the provisions of the Fund Agreement and the Bank Agreement set out in the Schedule have the force of law in Singapore:Provided that nothing in section 9 of Article IX of the Fund Agreement or in section 9 of Article VII of the Bank Agreement is to be construed as —
entitling the Fund or the Bank to import into Singapore goods free of customs duty without any restriction on their subsequent sale in Singapore;
conferring on the Fund or the Bank any exemption from duties or taxes which form part of the price of goods sold; or
conferring on the Fund or the Bank any exemption from taxes or duties which are in fact no more than charges for services rendered.