Citation and Commencement

1. This Order may be cited as the Bank for International Settlements (International Development Act 2002 and Immigration (Exemption from Control) Order 1972) (Amendment) Order 2021 and comes into force on 1st February 2021.

Amendment of the International Development Act 2002

2. —(1)The International Development Act 2002 is amended as follows.

(2) In section 12(3) (immunities and privileges of international financial institutions), after paragraph (c) insert—

“ (d) the Bank for International Settlements. ”

Amendment of the Immigration (Exemption from Control) Order 1972

3. —(1)Article 4 of the Immigration (Exemption from Control) Order 1972( 3 ) is amended as follows.

(2) For paragraphs (b) and (c) substitute—

“ (b) any person entitled to immunity from legal process with respect to acts performed by him in his official capacity under any Order in Council made under section 12(1) of the International Development Act 2002 (which empowers Her Majesty by Order in Council to make provision relating to the immunities and privileges of the governors, directors, executive-directors, alternates, officers or employees of an international financial institution);

(c) any person entitled to immunity from legal process with respect to acts performed by him in his official capacity under any Order in Council made under section 5(1) of the International Monetary Fund Act 1979 ( 4 ) (which empowers Her Majesty by Order in Council to make provision relating to the immunities and privileges of the governors, executive directors, alternates, officers and employees of the International Monetary Fund); ” .

(3) Omit paragraph (d).