 association (status, immunities and privileges) bill, 1960(as introduced in lok sabha on 10th august, 19l"lc)  the international development association (status, immunities and privileges) bill, r<)60(as introduced in lok sabra) a bill tq imp~ment the international agreement for the establishment and operation of the international development association in 80 fat a<; it relates to the status, immunities and privileges of that association and tot matters connected therewith be it enacted by parliament in the eleventh year of the republic gf india as follows:-1 (1) this act may be called the international development $boll i •• aociation {stat",, immunities and privile,es) act, 1960 (2) it extends to the whole of india ·(3) it thall come into force on such date as the central govenament may, by notification in the official gazette, appoint 2 in this act, unless the context otherwise requires,-(ti) "agreement" means the agreement for the estab1i8h , ment and operation of the international body known u the international development association; (b) "association" means the international developm~t asociation estabuhed under the ali'eemalt conferment 3 (1) notwithstanding anything to the contrary contained in :~tus and any other law, the provisions of article viii of the agreement set immd ~~jes out in the schedule shall have the force of law in india: an pnvi p8 ~ti:e :di-provided that nothing in section 9 thereof shall be construed ~~~ 5 of ocrtlin immunities (a) entitling the association to import into india goodli and privileges on it, ofiicel'll free of any duty of customs without any restriction on their ad subsequent sale therein; or employee' (b) conferring on the- association any exemption from duties or taxes which form part of the price of goods sold; or 10 (c) conferring on the association any exemption from duties or taxes which are in fact no more than charges for services rendered (2) the central government may, from time to time, by notification in the official gazette, amend the schedule in conformity with i; any amendments, duly made and adopted, of the provisions of the agreement set out therein power to 4 the central government may, by notification in the official make rujes_ gazette, make rules for carrying out the purposes of this act notificati,?ns 5 every notification issued under sub-section (2) of section s 20 ~d :on and every rule made under section 4 shall he laid as soon as msy under section be after it is issued or made before each house of parliament whup ~%!: placed it is in seasion for a period of thirty days which may be comprised parliament in one session or in two successive sessions and if before the expiry of the session in which it is so laid or the session immediately fol- 25 lowing both houses agree for making any modification in the notification, or as the case may be, in the rule, or both houses agree ,~: "_~,'  ,: that the notification or rule should not be issued or made, the noti-;- "'',, fication or rule shall thereafter have effect only in such modified form or be of no effect, as the case may be, so however, that any 30 such modification or annulment shall be without prejudice to the validity of anything previously done under that notification or rule :',) , ,t proviai011l ·of  the _,""ment which shall have force of law  article viii status, immunities and prmleges5  section l-purposes of articleto enable the association to fulfil the functions with which it is entrusted, the status, immunities and privileges provided in this' article shall be accorded to the association in the territories of each 10 member section 2-status of the association the association shall possess full juridical personality and, in particular, the capacity: (i) to contract; 15 (ii) to acquire and dispose of immovable and movable property; (iii) to acquire and dispose of inunovable and movable pra-section 3-position of the association with regard to judicial procell ~ actions may be brought against the association only in a court of competent jurisdiction in the territories of a member in which the association has an office, has appointed an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities no actions shall, however, be brought by members or ls persons acting for or deriving claims from members the property and assets of the association shall, wheresoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the association ~ ,~ 30 section 4-immunity of 'assets from seizure property and assets of the association, wherever located and by whomsoever held, sooll be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action   section 5-immunity of archivesthe archives of the association shan be inviolable  section e-fnedom of asbets from restrictiouto the extent necessary to carry out the operati~ 'provided for in this a:greement and aubject to the provisions of this al1'eemlllt, 5 all property and aasets of the association shall be free from restriction, regulations, controls and moratoria of any nature  section 7-privilege for communicationst_oftk:w cojndwucaiions of the ~pn aball be·~ed by eac;b  tw the lime treatment that it aceorda to the ofjldm ,0 ~w·jltjqd • of other members  section b-immunities and privilege of officers and emplo1/eeball governors executive directors, alternates, officers and employees of the association, (i) shall be immune from legal process with respect to act!! j s performed by them in their official capacity except when the ahociation waive!! this immunity; (ii) not being local nationals, shall be accorded the same immunities from immigration restrictions alien registration requirements and national service obligati01l8 and the same faei- 10 liti as regards exchange restrictions as are accorded by members to the representatives, officials, and employees of comparable rank of other members; (iii) shall be granted the same treatment in respect of travelling facilities as is accorded by members to representa-~!! tiv8!l, officials and employel"s of comparable rank of other memben ~ 9-immunitie6 from taxation (a) the association, its assets, property, income and transa~m authorized by this agreement, shall be immune from all taxation)o and from all customs duties the asaociation shall also be immune from liability for the collection or payment of any tax or duty (b) no tax shall be levied on or in respect of salaries and emolu-~,p,aid by theassocitltidn to executive dtrectora, altematee, oftlcials or employees of the association who are not local citizens 3s loctl subject8, or other local nationals (c) no taxation of any kind shall be levied on any obligation or mcurity issued by the association (including any dividend or interest thereon) by whomsoever held, (i) which discriminates against such obligation or security s iiglely because it is issued by the association; or (ii) if the sole jurisdictional basis foor such tax~tion is the place or, currency in which it is issued, made payable or paid ()r the location of any oftke or place of business maintained by the, association 10 (d) no texation of any kind shall be levied on any obligation or securlty guaranteed by the association (including any dividend or interest thereon) by whomsoever held, (i) which diaeriminates against such obligation or security solely because it is ,guaranteed by the association;· or 15 (ii) if the sole jurisdictional basis for such taxation is the location of any office or place of business maintained by the association  statement of objects and reasonsa new financial institution called the international development association is being established, as an affiliate of the international bank for reconstruction and development, by 8n international agreement to which india will be a signatory article viii of the articles of agreement of the said association provides for the granting to the association and its officials and employees certain status, immunities and privileges in the territory of each member country section 10 of this article requires each member country to take such action as is necessary in its own territories for the purpose of making effective in terms of its own law, the principles set forth in the article by this bill, it is proposed to enact the necessary legislation to give effect to the provisions of the said article viii of the articles of agreement morarji r desai new delhi; the 20th july 1~ clause 3 (2) of the bill confers power on the central government to amend the schedule in conformity with any amendments, duly made and adopted, of the provisions of the agreement set out therein clause 4 of the bill confers power upon the central government tt> make rules for carrying out the purposes of the act the immunities and privileges of the international development association and its officials and employees having been specified in the schedule to the bill, occasions for making rules, if any, will be few and far between the association has not yet started its functions in india it is not possible therefore, to envisage at this stage the matters which may have to be provided for by rules but as the immunities and privileges have been specified in the bill, it is clear thet rules, if any, will be confined to matters of procedure and other matters of minor detail relating to the enjoyment of those immunities and privileges and their waiver for instance, if the association decides to waive any of the immunities or privileges, a rule itl'ly be necessary prescribing the manner in which and the officer of the government to whom such waiver should be communicated the delegation of legislative power is thus of a normal type a bill to implement the international agreement for the establish--ment and operation of the j ntemational development association in so far as it relates to the status, immunities and privileges of that association, and for matters connected therewith the presidtnt has, in pursuance of c1huse (i) of anic1e h7 and clause (1) of article 274 of the conrtitution of india, recommended to lok sabha the introduction of the bill m n kaul, (secrelary) (shn' monti; duai, mi"islm- of financ~) 