Section 3
Authorization To Accept Agreements And Deposit Instruments Of acceptance:
3. Authorization to accept Agreements and deposit instruments of acceptance:
The Minister for Finance is hereby authorized by instruments under his or her hand to empower such person as may be named in such instruments, on behalf of the Government of Nepal:
(a) To sign the Articles of Agreement of the International Development Association.
(b) To deposit with the International Bank for Reconstruction and Development an instrument of acceptance of the Association Agreement setting out that the Government of Nepal has accepted in accordance with the Nepal laws the respective Articles and the terms and conditions prescribed thereunder as the terms upon which Nepal shall be admitted to membership of the International Development Association.
The Minister for Finance is hereby authorized by instruments under his or her hand to empower such person as may be named in such instruments, on behalf of the Government of Nepal:
(a) To sign the Articles of Agreement of the International Development Association.
(b) To deposit with the International Bank for Reconstruction and Development an instrument of acceptance of the Association Agreement setting out that the Government of Nepal has accepted in accordance with the Nepal laws the respective Articles and the terms and conditions prescribed thereunder as the terms upon which Nepal shall be admitted to membership of the International Development Association.