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INTERNATIONAL FINANCE CORPORATION ACT 1955 - NOTES

No. 66, 1955

Compilation No. 3

Compilation date: 4 September 2020

Includes amendments up to: Act No. 79, 2020

Registered: 12 October 2020

About this compilation

This compilation

This is a compilation of the International Finance Corporation Act 1955 that shows the text of the law as amended and in force on 4 September 2020 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

 

 

 

Contents

1 Short title

2 Commencement

3 Interpretation

4 Membership of Australia of International Finance Corporation

5 Subscription to capital stock

5A Notice of amendment of the Agreement

5B Further agreements to buy extra shares in the International Finance Corporation

6 Regulations

Endnotes

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.

 

Endnote 2--Abbreviation key

 

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

/sub-subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev ... ) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub-Ch = Sub-Chapter(s)

cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

commenced or to be commenced

 

Endnote 3--Legislation history

 

Act

Number and year

Assent

Commencement

Application, saving and transitional provisions

International Finance Corporation Act 1955

66, 1955

4 Nov 1955

4 Nov 1955 (s 2)

 

International Finance Corporation Act 1961

69, 1961

24 Oct 1961

24 Oct 1961 (s 2)

--

International Finance Corporation Act 1963

52, 1963

18 Oct 1963

9 Nov 1988 (s 2 and gaz 1988, No S332)

--

International Finance Corporation Act 1966

36, 1966

12 Sept 1966

12 Sept 1966 (s 2)

--

Statute Law Revision Act 1973

216, 1973

19 Dec 1973

s 9(1), 10 and Sch 1: 31 Dec 1973 (s 2)

s 9(1) and 10

as amended by

 

 

 

 

Statute Law Revision Act 1974

20, 1974

25 July 1974

Sch 1 (item 20): 31 Dec 1973 (s 2)

--

International Financial Institutions Legislation Amendment Act 2010

133, 2010

24 Nov 2010

Sch 2 (items 1, 2): 27 June 2012 (s 2(1) item 3)

--

Treasury Laws Amendment (2020 Measures No. 2) Act 2020

79, 2020

3 Sept 2020

Sch 4 (items 1-7): 4 Sept 2020 (s 2(1) item 3)

--

 

Endnote 4--Amendment history

 

Provision affected

How affected

s 3.....................

rs No 36, 1966

 

am No 133, 2010; No 79, 2020

s 4.....................

rs No 36, 1966

s 5.....................

rs No 79, 2020

s 5A....................

ad No 79, 2020

s 5B....................

ad No 79, 2020

The Schedules heading........

ad No 69, 1961

 

rep No 79, 2020

The Schedule heading........

rep No 69, 1961

First Schedule heading........

ad No 69, 1961

 

rep No 79, 2020

First Schedule.............

am No 216, 1973 (as am by No 20, 1974)

 

rep No 79, 2020

Second Schedule............

ad No 69, 1961

 

rep No 79, 2020

Third Schedule.............

ad No 36, 1966

 

rep No 79, 2020

Schedule 4................

ad No 133, 2010

 

rep No 79, 2020

 


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