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Section 4

Subscription to the Association

of International Development Association Act 1960

ActIn forceProvision 4 of 9
Section 4

(1)

There shall be charged on the Consolidated Fund such part of the subscription of Malaysia to the Association specified in Part II of Schedule A to the Agreement as may, in accordance with section 2

of Article II of the Agreement, be payable in gold or in freely convertible currency, or in Malaysian currency.

(2)

Subject to section 5, there shall be charged on the

Consolidated Fund such part of any increase in the subscription of

Malaysia to the Association as may, pursuant to paragraph 1(b) of

Article III of the Agreement, be payable in gold or in freely convertible currency, or in Malaysian currency.

International Development Association 7

Approval of Dewan Rakyat to additional subscription to

Association