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The Asian Development Bank Act, 1966

Central

An Act to implement the international agreement for the establishment and operation of the Asian Development Bank and for matters connected therewith.

Act number
18 of 1966
Ministry
Ministry of Finance
Department
Department of Economic Affairs
Enacted
29 May 1966

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

7 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 3Payments to Bank.
  4. Section 4Reserve Bank to be depository for Bank.
  5. Section 5Conferment of status and certain immunities, exemptions and privileges on Bank and conferment of certain immunities, exemptions and privileges on its officers and employees.
  6. Section 6Power to make rules.
  7. Section 7Notifications issued under section 5 and rules made under section 6 to be laid before Parliament.