Cap. 209 Art. 7Certain provisions ofFundAgreement given force of law in Malta.

(1) The provisions of Sections 2 to 9 inclusive of Article IX

of the Fund Agreement and the first sentence of Section 2 (b) of

Article VIII of the Fund Agreement shall have the force of law in

Malta, so, however, that nothing in Section 9 of Article IX of the

Fund Agreement shall be construed -

(a) as entitling the Fund to import goods free of customs duty without any restriction on their subsequent sale in Malta;

(b) as conferring on the Fund any exemption from taxes and duties which form part of the price of goods

*The Fund Agreement was signed on the 11th September, 1968 and the instrument referred to in article 4 of this Act was deposited on the 28th November, 1969.

(2) Notwithstanding the provisions of any other law, no tax of any kind shall be levied on special drawing rights or on operations or transactions in special drawing rights.