Section 5, International Finance Corporation (Status, Immunities and Privileges) Act, 1958 [S1F-73F]

As at 7 September 2026. In force from 10 June 1959 by S.O. 2952(E) [N11-NTW].

In International Finance Corporation (Status, Immunities and Privileges) Act, 1958 [A10-G1Z]. This text from 10 June 1959. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, International Finance Corporation (Status, Immunities and Privileges) Act, 1958 [S1F-73F]. Machine: S1F-73F.

5. Prohibition of the drawing and disbursement of funds without licence.—No person shall undertake the drawing and disbursement of funds except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the drawing and disbursement of funds undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (0)

none

Made under this section, or naming it (0)

none

Cited by (1)

Section 26, International Finance Corporation (Status, Immunities and Privileges) Act, 1958 [S1F-7RW], 21 May 1958, Band A. "section 5".

Not held (0)

none

Duties published under this section (0)

none