The International Development Association (Status, Immunities and Privileges) Act, 1960
Administered Ministry: Ministry of Finance / Department of Economic Affairs
Act details
| Short title | The International Development Association (Status, Immunities and Privileges) Act, 1960 |
|---|---|
| Long title | An Act to implement the international agreement for the establishment and operation of the International Development Association in so far as it relates to the status, immunities and privileges of that Association, and for matters connected therewith. |
| Act number | 32 of 1960 |
| Act year | 1960 |
| Enactment date | 9 Sep 1960 |
| Ministry | Ministry of Finance / Department of Economic Affairs |
| Department | Department of Economic Affairs |
| Jurisdiction | Central (Parliament of India) |
| Sections | 5 |
| Schedules | 1 |
| Status | Not repealed |
| Last checked on India Code | 4 Nov 2026 |
| Source | India Code, Government of India |
Summary
summary of the International Development Association (Status, Immunities and Privileges) Act, 1960
Key Provisions
1. Short Title, Extent, and Commencement
• Short Title: International Development Association (Status, Immunities and Privileges) Act, 1960
• Extent: Whole of India
• Commencement: As notified by the Central Government (notified as 15th October, 1960)
2. Definitions
• Agreement: Refers to the IDA establishment and operation agreement.
• Association: Refers to the International Development Association.
3. Conferment of Status, Immunities, and Privileges
• Association:
• Granted status and certain immunities/privileges as per Article VIII of the Agreement (detailed in The Schedule).
• Exceptions to immunity/protections outlined in the Act (e.g., no exemption from duties/taxes on goods sold, or charges for services).
• Officers and Employees:
• Immunity from legal process for acts in official capacity (unless waived by IDA).
• Specific immunities and facilities for non-local nationals (immigration, exchange regulations, etc.).
4. Power to Make Rules
• Central Government empowered to make rules for the Act's purposes.
5. Notifications and Rules Before Parliament
• Notifications under Section 3 and rules under Section 4 to be laid before Parliament with provision for modification or annulment.
Legislative history
Legislative History:
The International Development Association (Status, Immunities and Privileges) Act, 1960
Act Title - The International Development Association (Status, Immunities and Privileges) Act,1960
Act Number / Year - 32 of 1960
Act ID (India Code) - 196032
Presidential Assent Date - September 9, 1960
Enforcement Date -October 15, 1960
Nodal Ministry - Ministry of Finance
Precedent & Historical Rationale
● Implementation of Multilateral Agreement Obligations - Enacted to give statutory force of law in India to Article VIII of the International Agreement establishing the International Development Association (IDA), an affiliate of the World Bank.
● Operational Autonomy and Immunities Framework - Formulated to confer legal status, immunity from judicial process, tax exemptions, and asset protection on the Association and its officers to facilitate concessional loans and developmental assistance to India.
Parliamentary Trajectory & Enactment
● Formulation - Introduced by the Ministry of Finance to satisfy international treaty requirements and grant full legal recognition to the IDA within Indian jurisdiction.
● Parliamentary Passage - Debated and passed by both Houses of Parliament (Second Lok Sabha and Rajya Sabha) during the August–September session of 1960.
● Presidential Assent - Received Presidential Assent on September 9, 1960.
● Enforcement - Enforced on October 15, 1960.
Source - Official Record of Parliament, India Code, and Ministry of Finance.