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Council of Europe Development Bank Act 2004

Amendment of the Diplomatic Relations and Immunities Act 1967.

4.—The Diplomatic Relations and Immunities Act 1967 is amended—

(a) in section 21—

(i)   by inserting the following after the definition of “the Agreement”:

“ ‘the Bank’ means the Council of Europe Development Bank as established by the Articles of Agreement of the Council of Europe Development Bank, the text of which is set out in Schedule 1 to the Council of Europe Development Bank Act 2004;”,

and

(ii)  by inserting the following after the definition of “the Second Protocol”:

“ ‘the Third Protocol’ means the Third Protocol to the Agreement done at Strasbourg on the 6th day of March 1959, as set out in the Fifth Schedule to this Act;”,

(b) by inserting the following after section 21:

“Construction of certain references in Third Protocol.

21A.— In the Third Protocol—

(a) references to the Council of Europe Resettlement Fund shall, pursuant to a decision of the Governing Board of 28 June 1999, which came into force on 1 November 1999, be read as references to the Council of Europe Development Bank, and

(b) references to the Governing Body shall, pursuant to the Articles of Agreement approved in 1993, be read as references to the Governing Board.”,

(c) by inserting the following after section 24:

“General immunities in relation to Bank.

24A.—The Bank and its property and a person in relation to whom the Third Protocol applies and the property of such a person shall have and enjoy inviolability, exemptions, facilities, immunities, privileges and the rights in such manner, to such extent and subject to such limitations (including the waiver thereof) as are provided for in each case by the Third Protocol.”,

(d) in Part IX of the Fifth Schedule, by inserting the text set out in Schedule 2 to this Act after the text of the Second Protocol to the General Agreement on the Privileges and Immunities of the Council of Europe.