Statutory Instruments
INTERNATIONAL IMMUNITIES AND PRIVILEGES
Laid before Parliament in draft
Made
25th November 1986
Edinburgh and Belfast Gazettes
At the Court at Buckingham Palace, the 25th day of November 1986
Present,
The Queen's Most Excellent Majesty in Council
Whereas a draft of this Order has been laid before Parliament in accordance with section 10(1) of the International Organisations Act 1968 (hereinafter referred to as the Act) and has been approved by resolution of each House of Parliament:
Now, therefore, Her Majesty, by virtue and in exercise of the powers conferred on Her by section 1 of the Act(1) or otherwise in Her Majesty vested, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:—
1. This Order may be cited as the International Fund for Ireland (Immunities and Privileges) Order 1986 and shall come into operation on the date on which the provisions of Article 5(2) of the Agreement between the Government of the United Kingdom and the Government of the Republic of Ireland concerning the International Fund for Ireland signed at Dublin and London on 18th September 1986(2) become effective for the two Governments. This date shall be notified in the London, Edinburgh and Belfast Gazettes.
2. The International Fund for Ireland (hereinafter referred to as the Organisation) is an organisation of which the United Kingdom and another sovereign Power are members.
3. The Organisation shall have the legal capacities of a body corporate.
4. Within the scope of its official activities, the Organisation shall have exemption from taxes on income and capital gains.
G. I. de Deney
Clerk of the Privy Council
This Order confers the legal capacities of a body corporate and exemption from direct taxes on the International Fund for Ireland. It gives effect to Article 5(2) of the Agreement between the United Kingdom and the Republic of Ireland concerning the International Fund for Ireland signed at Dublin and London on 18th September 1986 (Cmnd. 9908).
As amended by section 1 of the International Organisations Act 1981 (c.9).
Cmnd. 9908.