CHAPTER 350
INTERNATIONAL DEVELOPMENT ASSOCIATION ACT

[PRINCIPAL LEGISLATION]

ARRANGEMENT OF SECTIONS

   Section

Title

   1.   Short title.

   2.   Interpretation.

   3.   Approval of the Agreement.

   4.   Financial and other provisions.

SCHEDULE

CHAPTER 350
THE INTERNATIONAL DEVELOPMENT ASSOCIATION ACT

An Act to make provision with respect to acceptance by the Government of an international agreement for the establishment and operation of an International Development Association.

[13th July, 1962]

R.L. Cap. 472
Act No. 28 of 1962

   WHEREAS on the twenty-sixth day of January, 1960, the Executive Directors of the International Bank for Reconstruction and Development approved Articles of Agreement (hereafter in this Act referred to as the Agreement) providing for the establishment and operation of an international body to be called the International Development Association (hereafter in this Act referred to as the Association):

   AND WHEREAS copies of the text of the Agreement have been laid before the National Assembly:

   AND WHEREAS it is expedient that Tanzania becomes a member of the Association and that provision be made for acceptance by Tanzania of the Agreement and for carrying out the obligations of Tanzania under it:

1.   Short title

   This Act may be cited as the International Development Association Act.

2.   Interpretation

   In this Act, unless the context requires otherwise–

   "Agreement" means the Articles of Agreement establishing the Association;

   "Association" means the International Development Association;

   "Minister" means the Minister responsible for Finance.

3.   Approval of the Agreement

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