First Schedule (Section 2)
The Association Resolution
Membership of Zambia
WHEREAS the Government of Zambia has applied for admission to membership in the International Development Association (hereinafter called "Association") in accordance with Section 1 (b) of Article II of the Articles of Agreement of the Association (hereinafter called "Articles"); andWHEREAS, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors, after consultation with representatives of the Government of Zambia, have made recommendation to the Board of Governors regarding this application:NOW, THEREFORE, the Board of Governors herebyRESOLVES:THAT the terms and conditions upon which Zambia shall be admitted to membership in the Association shall be as follows:(a)The terms and conditions of the membership of Zambia in the Association other than those specifically provided for in this resolution shall be those set forth in the Articles with respect to the membership of original members listed in Part II of Schedule A thereof (including, but not by way of limitation, the terms and conditions relating to subscriptions, payments on subscriptions, usability of currencies, and voting rights).(b)Upon accepting membership in the Association, Zambia shall subscribe funds in the amount of $2,690,000 expressed in terms of United States dollars of the weight and fineness in effect on 1st January, 1960.(c)Before accepting membership in the Association, Zambia shall make all payments on its initial subscription which would have been payable on or before the date of acceptance had it become a member of the Association as an original member listed in Part II of Schedule A of the Articles.(d)Zambia may accept membership in the Association pursuant to this resolution until 17th November, 1965, or by such later date as the Executive Directors may determine.Second Schedule (Section 5)
Provisions of Association Agreement having the force of law
Article VIII – Status, immunities and privileges
2. Status of the Association
The Association shall possess full juridical personality and, in particular, the capacity—(ii)to acquire and dispose of immovable and movable property;(iii)to institute legal proceedings.3. Position of the Association with regard to judicial process
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 action shall, however, be brought by members or 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.4. Immunity of assets from seizure
Property and assets of the Association, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action.5. Immunity of archives
The archives of the Association shall be inviolable.6. Freedom of assets from restrictions
To the extent necessary to carry out the operations provided for in this Agreement and subject to the provisions of this Agreement, all property and assets of the Association shall be free from restrictions, regulations, controls and moratoria of any nature.7. Privileges for communications
The official communications of the Association shall be accorded by each member the same treatment that it accords to the official communications of other members.8. Immunities and privileges of officers and employees
All Governors, Executive Directors, Alternates, officers and employees of the Association—(i)shall be immune from legal process with respect to acts performed by them in their official capacity except when the Association waives this immunity;(ii)not being local nationals, shall be accorded the same immunities from immigration restrictions, alien registration requirements and national service obligations and the same facilities 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 representatives, officials and employees of comparable rank of other members.9. Immunities from taxation
(a)The Association, its assets, property, income and its operations and transactions authorised by this Agreement, shall be immune from all taxation and from all customs duties. The Association 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 emoluments paid by the Association to Executive Directors, Alternates, officials or employees of the Association who are not local citizens, local subjects, or other local nationals.(c)No taxation of any kind shall be levied on any obligation or security issued by the Association (including any dividend or interest thereon) by whomsoever held—(i)which discriminates against such obligation or security solely because it is issued by the Association; or(ii)if the sole jurisdictional basis for such taxation is the place or currency in which it is issued, made payable or paid, or the location of any office or place of business maintained by the Association.(d)No taxation of any kind shall be levied on any obligation or security guaranteed by the Association (including any dividend or interest thereon) by whomsoever held—(i)which discriminates against such obligation or security solely because it is guaranteed by the Association; or(ii)if the sole jurisdictional basis for such taxation is the location of any office or place of business maintained by the Association.