Section 1 Short title, extent and commencement.
(1) This Act may be called the InternationalDevelopment Association (Status, Immunities and Privileges) Act, 1960.
(2) It extends to the whole of India.
(3) It shall come into force on such date1as the Central Government may, by notification in theOfficial Gazette, appoint.
Section 2 Definitions.
In this Act, unless the context otherwise requires,--
(a) "Agreement" means the Agreement for the establishment and operation of the internationalbody known as the International Development Association;
(b) "Association" means the International Development Association established under theAgreement.
Section 3 Conferment of status and certain immunities and privileges on the Association and conferment of certain immunities and privileges on its officers and employees.
(1) Notwithstandinganything to the contrary contained in any other law, the provisions of Article VIII of the Agreement setout in the Schedule shall have the force of law in India:
Provided that nothing in section 9 thereof shall be construed as--
(a) entitling the Association to import into India goods free of any duty of customs without anyrestriction on their subsequent sale therein; or
(b) conferring on the Association any exemption from duties or taxes which form part of the priceof goods sold; or
(c) conferring on the Association any exemption from duties or taxes which are in fact no morethan charges for services rendered.
(2) The Central Government may, from time to time, by notification in the Official Gazette, amendthe Schedule in conformity with any amendments, duly made and adopted, of the provisions of theAgreement set out therein.
Section 4 Power to make rules.
The Central Government may, by notification in the Official Gazette,make rules for carrying out the purposes of this Act.
Section 5 Notifications under section 3 and rules under section 4 to be placed before Parliament.
Every notification issued under sub-section (2) of section 3 and every rule made undersection 4 shall be laid as soon as may be after it is issued or made before each House of Parliament whileit is in session for a period of thirty days which may be comprised in one session or 1in two or moresuccessive sessions, and if, before the expiry of the session immediately following the session or thesuccessive sessions aforesaid] both Houses agree for making any modification in the notification, or asthe case may be, in the rule, or both Houses agree that the notification or rule should not be issued ormade, the notification or rule shall thereafter have effect only in such modified form or be of no effect, asthe case may be, so however, that any such modification or annulment shall be without prejudice to thevalidity of anything previously done under that notification or rule.
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