Section 8
Status, Immunities And Privileges Of The Fund And The Bank
8. Status, immunities and privileges of the Fund and the Bank :
(1) anything contained in the Nepal laws in force, the status, immunities and privileges set forth in Article 9 of the Fund Agreement, and as set out in Schedule-8, and set forth in Article 7 of the Bank Agreement, and as set out in Schedule-9, shall be accorded to the Fund and the Bank, respectively.
(2) Notwithstanding anything contained in the Nepal laws in force, the status, immunities and privileges set forth in Article 9 of the Fund Agreement and immunities from all kinds of taxes shall be accorded on the special drawing rights or dealing and transactions thereof, as provided in Article 21(b) 20 of the Fund Agreement, and as set out in Schedule-12
(1) anything contained in the Nepal laws in force, the status, immunities and privileges set forth in Article 9 of the Fund Agreement, and as set out in Schedule-8, and set forth in Article 7 of the Bank Agreement, and as set out in Schedule-9, shall be accorded to the Fund and the Bank, respectively.
(2) Notwithstanding anything contained in the Nepal laws in force, the status, immunities and privileges set forth in Article 9 of the Fund Agreement and immunities from all kinds of taxes shall be accorded on the special drawing rights or dealing and transactions thereof, as provided in Article 21(b) 20 of the Fund Agreement, and as set out in Schedule-12