CHAPTER 367
BRETTON WOODS AGREEMENT ACT

Arrangement of Sections

   Section

   1.   Short title

   2.   Interpretation

   3.   Acceptance of agreements and resolutions

   4.   Financial provisions

   5.   Certain provisions of agreements to have force of law

   6.   Bank of Zambia to be depositary

   7.   Regulations

      FIRST SCHEDULE

      SECOND SCHEDULE

      THIRD SCHEDULE

      FOURTH SCHEDULE

      FIFTH SCHEDULE

AN ACT

to make provision for acceptance by Zambia of the agreements for the establishment and operation of the International Monetary Fund and the International Bank for Reconstruction and Development; and to provide for matters related thereto.

[10th September, 1965]

Act 51 of 1965,

Act 7 of 1967,

Act 34 of 1969,

Act 6 of 1978,

Act 37 of 2010.

1. Short title

This Act may be cited as the Bretton Woods Agreement Act.

2. Interpretation

   (1) In this Act, unless the context otherwise requires—

“approved amendments of 1968” means the amendments to the Fund Agreement approved by the Board of Governors of the Fund in Resolution 23-5 of the 31st May, 1968;

“approved amendments of 1976” means the amendments to the Fund Agreement approved by the Board of Governors of the Fund in Resolution 31-4 of 30th April, 1976;

“approved amendments of 2008” means the amendments to the Fund Agreement approved by the Board of Governors of the Fund in Resolution 63-2 of 28th April, 2008, and Resolution 63-3 of 5th May, 2008;

[Ins by s 2 of Act 37 of 2010.]

“the Bank” means the International Bank for Reconstruction and Development;

“the Bank Agreement” means the agreement providing for the establishment and operation of the Bank;

“the Bank Resolution” means the resolution of the Board of Governors of the Bank relating to membership of Zambia in the Bank, the text of which is set out in the Second Schedule;