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No. S 684

International Organisations (Immunities and Privileges) Act

(Chapter 145)

International Organisations (Immunities and Privileges) (International Monetary Fund) Order 2005

In exercise of the powers conferred by section 2(2) of the International Organisations (Immunities and Privileges) Act, the President hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the International Organisations (Immunities and Privileges) (International Monetary Fund) Order 2005 and shall come into operation on 28th October 2005.

Definitions

2. In this Order, unless the context otherwise requires —

“IMF” means the International Monetary Fund;

“IMF coordinator” means any officer or employee of the IMF assigned by the IMF to Singapore to coordinate the Annual Meetings of the Board of Governors of the IMF and the World Bank Group to be held in Singapore in 2006 and mutually recognised by the Government and the IMF as an IMF coordinator.

Immunities and privileges in addition to those previously conferred

3. This Order is without prejudice to the Bretton Woods Agreements Order (Cap. 27, O 1) which sets out the status, immunities and privileges of the IMF and its officers and employees for the purpose of giving effect to the Articles of Agreement of the IMF.

Status of IMF

4. IMF is an organisation of which the Government and the governments of foreign sovereign Powers are members.

Exemption or relief from tax

5.—(1) Subject to sub-paragraph (4), every IMF coordinator, during the period of his assignment to Singapore, shall enjoy the like exemption or relief from the following taxes as is accorded to an envoy of a foreign sovereign Power accredited to the Republic of Singapore:

(a)	all vehicle taxes (including any fee for certificate of entitlement and additional registration fee for a vehicle);
(b)	subject to sub-paragraphs (2) and (3), customs duties on articles imported by him for his personal use or the personal use of his family members forming part of his household; and
(c)	goods and services tax in respect of all goods imported by him for official use.

(2) Any IMF coordinator who imports for his personal use or the personal use of his family members forming part of his household, furniture and effects more than 6 months after he takes up his assignment in Singapore shall not enjoy the exemption or relief from the tax referred to in sub-paragraph (1)(b) in respect of such furniture and effects.

(3) Where any IMF coordinator has enjoyed the exemption or relief from the tax referred to in sub-paragraph (1)(b) in respect of any motor vehicle, he shall not enjoy any such exemption or relief in respect of any other motor vehicle imported by him within 4 years from the date on which he imported the first-mentioned motor vehicle.

(4) The exemption or relief from the taxes referred to in sub-paragraph (1) shall not apply to any person who is a citizen or permanent resident of Singapore.

Made this 25th day of October 2005.

By Command,

LAU WAH MING
Secretary to the Cabinet
Singapore.

[MFA C800-237/04/07; AG/LEG/SL/145/2001/1 Vol. 4]