INTERNATIONAL ORGANIZATIONS (PRIVILEGES AND IMMUNITIES) (INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT AND INTERNATIONAL FINANCE CORPORATION) ORDER
Gazette Number:
L.N. 118 of 2008
Section:
9
Heading:
The Bank and the Corporation to have legal personality in Hong Kong
Version Date:
18/07/2008
(1) The Bank has legal personality in Hong Kong as a body corporate and has all the powers of a natural person of full age and capacity including power¡X
(a) to enter into contracts;
(b) to acquire and dispose of movable and immovable property; and
(c) to institute and defend legal proceedings.
(2) The Corporation has legal personality in Hong Kong as a body corporate and has all the powers of a natural person of full age and capacity including power¡X
(a) to enter into contracts;
(b) to acquire and dispose of movable and immovable property; and
(c) to institute and defend legal proceedings.