4.—(1) MIGA shall have immunity from any suit and legal process which relates to any personnel matter.
(2) MIGA shall have immunity from any suit or legal process brought by —
(a)
a member of MIGA, an agency of such member, or a person acting for or deriving any claim from such member; or
(b)
a State which has ceased to be a member of MIGA or an agency of such State.
(3) The property and assets of MIGA shall, wherever located and by whomsoever held, be immune from any legal process relating to the seizure, attachment or execution of such property or assets for the purpose of satisfying any judgment or award against MIGA, except in the case of a final judgment or award.