AN ACT TO ENABLE FIJI TO BECOME A MEMBER OF THE INTERNATIONAL MONETARY FUND, THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT, THE INTERNATIONAL DEVELOPMENT ASSOCIATION, THE ASIAN DEVELOPMENT BANK AND THE ASIAN INFRASTRUCTURE INVESTMENT BANK
[Long title subst Act 34 of 1974, effective 28 November 1974; am Act 43 of 2017 s 2, effective 11 August 2017]
WHEREAS pursuant to the Articles of Agreement drawn up at the United Nations Monetary and Financial Conference held in the year 1944 at Bretton Woods in New Hampshire in the United States of America, two international organisations known as the International Monetary Fund and the International Bank for Reconstruction and Development were established:
And whereas pursuant to the Articles of Agreement approved by the directors of the said International Bank for Reconstruction and Development in the year 1960 an international organisation known as the International Development Association was established:
And whereas pursuant to the Articles of Agreement adopted at the Economic Commission for Asia and the Far East’s Second Ministerial Conference on Asian Economic Co-operation held at Manila on 4 December 1965 an international organisation known as the Asian Development Bank was established:
[Recital insrt Act 34 of 1974 s 2, effective 28 November 1974]
And whereas pursuant to the Articles of Agreement adopted at Beijing in the People’s Republic of China on 29 June 2015 an international organisation known as the Asian Infrastructure Investment Bank was established:
[Recital insrt Act 43 of 2017 s 3, effective 11 August 2017]
And whereas in pursuance of their Articles of Agreement the said international organisations have each prescribed terms and conditions on which Fiji may become a member of the respective organisations and on which the Articles of Agreement relating to each such organisation may be signed and accepted on behalf of Fiji:
And whereas it is expedient that Fiji should be a member of the said international organisations:
The Laws of Fiji