Section 6
Issue of non-negotiable and non-interest bearing notes
of International Development Association Act 1960
The Minister of Finance is hereby authorized, on behalf of the
Government, to create and issue to the Association, in such form as he thinks fit, any such non-interest bearing and non-negotiable notes or similar obligations as the Association may―
(a)
under paragraph 2(e) of Article II of the Agreement accept from the Government in place of any Malaysian currency paid in or payable by the Government under paragraph 2(d) of Article II of the Agreement or under section 2 of
Article IV of the Agreement; or
(b)
pursuant to paragraph 1 (b) of Article III of the Agreement determine to accept in place of any Malaysian currency in relation to any increase in the subscription of Malaysia to the Association.
Charge of other payments to the Association