Skip to content

Section 2

In this Act, unless the context otherwise requires―

of International Development Association Act 1960

ActIn forceProvision 2 of 9
Section 2

“the Agreement” means the Articles of Agreement of the

Association as approved by the Executive Directors of the Bank on 26 January 1960;

“the

Association”

means the

International

Development

Association established by the Agreement;

6 Laws of Malaysia ACT 431

“the Bank” means the International Bank for Reconstruction and

Development established in pursuance of Articles of Agreement drawn up at the United Nations Monetary and Financial Conference held at Bretton Woods in New Hampshire in the United States of

America in July 1944;

“freely convertible currency” means such currency as is deemed to be freely convertible in accordance with paragraph 2(f) of Article II of the Agreement.