The Islamic Development Bank Act, 1975

( ACT NO. XXVIII OF 1975 )

[ 18th July, 1975 ]

An Act to provide for the implementation of the Agreement establishing the Islamic Development Bank.

 
 
 

WHEREAS the People's Republic of Bangladesh is a signatory to the Agreement establishing the Islamic Development Bank, and it is expedient to provide for the implementation of that Agreement and for carrying out the obligations of the People's Republic of Bangladesh as a founder member of that Bank and for matters connected therewith;

 
 
 
 

It is hereby enacted as follows:-

 

CONTENTS

SECTIONS

1.Short title and commencement

2.Definitions

3.Financial provisions

4.Certain provisions of the Agreement to

5.Power to take steps to discharge obligations and liabilities under the Agreement

6.Power to make rules

7.Repeal and savings

Schedule

SCHEDULE