BWBV0004006
Geldig vanaf 13-03-1975
Artikel IV
Tweede Overeenkomst inzake het Nam Ngoem Ontwikkelingsfonds, 1974. Overeenkomst van 26 juni 1974 tussen de Regering van Australië, Canada, de Bondsrepubliek Duitsland, India, Japan, Laos, het Koninkrijk der Nederlanden, Nieuw-Zeeland, Thailand, het Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland en de Verenigde Staten van Amerika, enerzijds, en de Aziatische Ontwikkelingsbank anderzijds
Section 4.01. (a) Laos shall make the proceeds of the Fund available to EDL under a Financing Agreement upon terms and conditions satisfactory to the Administrator.
(b) Laos shall cause EDL to apply the proceeds of the Fund exclusively to the financing of expenditures on such parts of the Project as shall not be financed under bilateral loans, in accordance with the provisions of this Agreement and the Project Agreement.
(c) Except as may be agreed between Laos and any Contributing Party, no part of the contribution of that Contributing Party to the Fund or income from deposit or investment of such contribution shall be applied to the financing of interest or any other charges on such contribution or on any other contribution to the Fund.
(a) Laos shall make the proceeds of the Fund available to EDL under a Financing Agreement upon terms and conditions satisfactory to the Administrator.
(b) Laos shall cause EDL to apply the proceeds of the Fund exclusively to the financing of expenditures on such parts of the Project as shall not be financed under bilateral loans, in accordance with the provisions of this Agreement and the Project Agreement.
(c) Except as may be agreed between Laos and any Contributing Party, no part of the contribution of that Contributing Party to the Fund or income from deposit or investment of such contribution shall be applied to the financing of interest or any other charges on such contribution or on any other contribution to the Fund.
Section 4.02. Subject to the provisions of this Agreement, the allocation of the proceeds of the Fund among the expenditures on the Project and the specific goods to be financed from the Fund shall be determined by agreement between Laos and the Administrator, subject to modification by further agreement between them.
Section 4.03. Except as the Administrator may otherwise determine, no disbursements shall be made from the Fund on account of (i) any expenditure prior to the date of this Agreement; (ii) any payment for taxes imposed under the laws of Laos or laws in effect in its territories on goods or services, or on the importation, manufacture, procurement or supply thereof; (iii) any expenditure in any ineligible source territory or for goods produced in, or services supplied from, any such territory. For the purposes of this Section 4.03, “ineligible source territory” means any territory other than (i) territories of any of the Contributing Parties and (ii) territories which have been specified by the Bank from time to time to Laos as eligible sources for procurement of goods and services under loans by the Bank in its Special Operations.
Section 4.04. Except as the Administrator may otherwise determine, Laos shall cause all goods financed out of the proceeds of the Fund to be used exclusively in the carrying out of the Project.
Section 4.05. Disbursements from the Fund shall be made by the Administrator upon written application by Laos in such form, and containing such statements and agreements, as the Administrator shall request.
Section 4.06. Laos shall furnish to the Administrator such documents and other evidence in support of each such application as the Administrator shall request, whether before or after the Administrator shall have permitted any disbursement requested in its application.
Section 4.07. Each application and the accompanying documents shall be sufficient in form and substance to satisfy the Administrator that the amount requested is to be used only for the purposes specified in this Agreement, that the goods on account of which disbursement is requested are suitable for the Project, and that the cost of such goods is reasonable.
Section 4.08. The Administrator may make payments or arrangements for payment directly to the suppliers of goods or others without any application by Laos therefor whenever, after consultation with Laos, it determines that such procedure is necessary or desirable for the efficient carrying out of the Project.
Section 4.09. Disbursements from the Fund shall be in such currencies as the Administrator shall elect.
Section 4.10. Laos shall make and maintain arrangements for the sale, at the most advantageous legal rate, of kip required for the carrying out of the Project.
(b) Laos shall cause EDL to apply the proceeds of the Fund exclusively to the financing of expenditures on such parts of the Project as shall not be financed under bilateral loans, in accordance with the provisions of this Agreement and the Project Agreement.
(c) Except as may be agreed between Laos and any Contributing Party, no part of the contribution of that Contributing Party to the Fund or income from deposit or investment of such contribution shall be applied to the financing of interest or any other charges on such contribution or on any other contribution to the Fund.
(a) Laos shall make the proceeds of the Fund available to EDL under a Financing Agreement upon terms and conditions satisfactory to the Administrator.
(b) Laos shall cause EDL to apply the proceeds of the Fund exclusively to the financing of expenditures on such parts of the Project as shall not be financed under bilateral loans, in accordance with the provisions of this Agreement and the Project Agreement.
(c) Except as may be agreed between Laos and any Contributing Party, no part of the contribution of that Contributing Party to the Fund or income from deposit or investment of such contribution shall be applied to the financing of interest or any other charges on such contribution or on any other contribution to the Fund.
Section 4.02. Subject to the provisions of this Agreement, the allocation of the proceeds of the Fund among the expenditures on the Project and the specific goods to be financed from the Fund shall be determined by agreement between Laos and the Administrator, subject to modification by further agreement between them.
Section 4.03. Except as the Administrator may otherwise determine, no disbursements shall be made from the Fund on account of (i) any expenditure prior to the date of this Agreement; (ii) any payment for taxes imposed under the laws of Laos or laws in effect in its territories on goods or services, or on the importation, manufacture, procurement or supply thereof; (iii) any expenditure in any ineligible source territory or for goods produced in, or services supplied from, any such territory. For the purposes of this Section 4.03, “ineligible source territory” means any territory other than (i) territories of any of the Contributing Parties and (ii) territories which have been specified by the Bank from time to time to Laos as eligible sources for procurement of goods and services under loans by the Bank in its Special Operations.
Section 4.04. Except as the Administrator may otherwise determine, Laos shall cause all goods financed out of the proceeds of the Fund to be used exclusively in the carrying out of the Project.
Section 4.05. Disbursements from the Fund shall be made by the Administrator upon written application by Laos in such form, and containing such statements and agreements, as the Administrator shall request.
Section 4.06. Laos shall furnish to the Administrator such documents and other evidence in support of each such application as the Administrator shall request, whether before or after the Administrator shall have permitted any disbursement requested in its application.
Section 4.07. Each application and the accompanying documents shall be sufficient in form and substance to satisfy the Administrator that the amount requested is to be used only for the purposes specified in this Agreement, that the goods on account of which disbursement is requested are suitable for the Project, and that the cost of such goods is reasonable.
Section 4.08. The Administrator may make payments or arrangements for payment directly to the suppliers of goods or others without any application by Laos therefor whenever, after consultation with Laos, it determines that such procedure is necessary or desirable for the efficient carrying out of the Project.
Section 4.09. Disbursements from the Fund shall be in such currencies as the Administrator shall elect.
Section 4.10. Laos shall make and maintain arrangements for the sale, at the most advantageous legal rate, of kip required for the carrying out of the Project.
- Citeren als
- Art. IV
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0004006
- Officiële bron
- wetten.overheid.nl