Property and assets of the Bank shall, whosesoever located and by whomsoever held, be immune from all forms o… — Asian Development Bank Act, 1966

. Property and assets of the Bank shall, whosesoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Bank .

3 . Property and assets of the Bank shall, whosesoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Bank . ARTICLE 51 IMMUNITY OF ASSETS Property and assets of the Bank, whosesoever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of taking or foreclosure by executive or legislative action . ARTICLE 52 IMMUNITY OF ARCHIVES The archives of the Bank and, in general, all documents belonging to it, or held by it, shall be inviolable, wherever located . ARTICLE 53 FREEDOM OF ASSETS FROM RESTRICTIONS To the extent necessary to carry out the purpose and functions of the Bank effectively, and subject to the provisions of this Agreement, all property and assets of the Bank shall be free from restrictions regulations, controls and moratoria of any nature . ARTICLE 54 PRIVILEGE FOR COMMUNICATIONS Official communications of the Bank shall be accorded by each member treatment not less favourable than that it accords to the official communications of any other member . ARTICLE 55 IMMUNITIES AND PRIVILEGES OF BANK PERSONNEL All Governors, Directors, alternates, officers and employees of the Bank, including experts performing missions for the Bank: (i) shall be immune from legal process with respect to acts performed by them in their official capacity, except when the Bank waives the immunity; (ii) where they are not local citizens or nationals, shall be accorded the same immunities from immigration restrictions, alien registration requirements and national service obligations, and the same facilities as regards exchange regulations, as are accorded by members to the representatives, officials and employees of comparable rank of other members; and (iii) shall be granted the same treatment in respect of travelling facilities as is accorded by members to representatives, officials and employees of comparable rank of other members . ARTICLE 56 EXEMPTION FROM TAXATION

Section 3