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Arbitration (International Investment Disputes) Act 1966
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4Status, immunities and privileges conferred by the Convention.U.K.
(1)In Section 6 of Chapter I of the Convention (which governs the status, immunities and privileges of the International Centre for Settlements of Investment Disputes established by the Convention, of members of its Council and Secretariat and of persons concerned with conciliation or arbitration under the Convention) Articles 18 to 20, Article 21(a) (with Article 22 as it applies Article 21(a)) Article 23(1) and Article 24 shall have the force of law.
(2)Nothing in Article 24(1) of the Convention as given the force of law by this section shall be construed as—
(a)entitling the said Centre to import goods free of customs duty without any restriction on their subsequent sale in the country to which they were imported, or
(b)conferring on that Centre any exemption from duties or taxes which form part of the price of goods sold, or
(c)conferring on that Centre any exemption from duties or taxes which are no more than charges for services rendered.
(3)For the purposes of Article 20 and Article 21(a) of the Convention as given the force of law by this section, a statement to the effect that the said Centre has waived an immunity in the circumstances specified in the statement, being a statement certified by the Secretary-General of the said Centre (or by the person acting as Secretary-General), shall be conclusive evidence.
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