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The International Financial Organisations Order, 1972 (President's Order)

( ACT NO. 86 Of 1972 )

8. Notwithstanding anything to the contrary contained in any other law the provisions of:
 
 
(a) Section 2 (b) of Article VIII, Sections 2 to 9 inclusive of Article IX and 1[Article XXI (b) of, and paragraph 5(d) of Schedule D to, the Fund] Agreement as set out in Part I of the Second Schedule;
 
 
(b) Sections 2 to 9 inclusive of Article VII of the Bank Agreement as set out in Part II of the Second Schedule; and
 
 
(c) Sections 2 to 9 inclusive of Article VIII of the Association Agreement as set out in Part III of the Second Schedule of this Order, shall have the force of law in the People's Republic of Bangladesh:
 
 
Provided that nothing in Section 9 of Article IX of the Fund Agreement or in Section 9 of the Article VII of the Bank Agreement or in Section 9 of Article VIII of the Association Agreement shall be construed asÔÇö
 
 
(a) entitling the Fund or the Bank or the Association to import into Bangladesh goods free of any duty of customs without any restriction on their subsequent sale therein, or
 
 
(b) conferring on the Fund or Bank or the Association any exemption from duties or taxes which form part of the price of goods sold or which are in fact no more than charges for services rendered.

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    The words, figures, brackets, letters and commas “Article XXI (b) of, and paragraph 5(d) of Schedule D to, the Fund” were substituted for the words, figures, brackets and letter “Article XXVII(b) of the Fund” by section 8 of the International Financial Organisations (Amendment) Ordinance, 1976 (Ordinance No. XCIV of 1976)
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