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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The International Trust Fund for Tuvalu (Immunities and Privileges) Order 1988 No. 245 URL: http://www.bailii.org/uk/legis/num_reg/1988/uksi_1988245_en.html |
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Statutory Instruments
INTERNATIONAL IMMUNITIES AND PRIVILEGES
Made
17th February 1988
Coming into force
On a date to be notified in the London, Edinburgh and Belfast Gazettes
At the Court at Buckingham Palace, the 17th day of February 1988
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(1) (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(2) 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 Trust Fund for Tuvalu (Immunities and Privileges) Order 1988 and shall come into force on the date on which the provisions of article 5 of the Agreement between the Government of the United Kingdom and the Governments of Australia, New Zealand and Tuvalu concerning the International Trust Fund for Tuvalu signed at Suva on 16th June 1987(3) becomes effective for the four Governments. This date shall be notified in the London, Edinburgh and Belfast Gazettes.
2. The International Trust Fund for Tuvalu (hereinafter referred to as the Organisation) is an organisation of which the United Kingdom and other sovereign Powers are members.
3. The Organisation shall have the legal capacity 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 note is not part of the Order)
This Order confers the legal capacities of a body corporate and exemption from direct taxes on the International Trust Fund for Tuvalu. It gives effect to article 5 of the Agreement between the United Kingdom, Australia, New Zealand and Tuvalu concerning the International Trust Fund for Tuvalu signed at Suva on 16th June 1987.
