Commonwealth Numbered Regulations

1992 No. 110 EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (PRIVILEGES AND IMMUNITIES) REGULATIONS - REG 6

6. (1) Subject to subregulations (2), (3) and (4), a person who:

   (a)  holds the office of Governor, Director or Alternate in the Bank; or

   (b)  is another officer or employee of the Bank; has the privileges and
        immunities specified in paragraphs 1, 2, 3, 4 5, and 6 of Part I of
        the Fourth Schedule to the Act.

(2) A person does not have the immunity from suit and other legal process
conferred by subregulation (1) in respect of recovery of damages for any
damage, injury or death arising from a road traffic accident in which:

   (a)  the person was involved; or

   (b)  property of the person was involved.

(3) The salary and emoluments received from the Bank by a person:

   (a)  to whom subregulation (1) applies; and

   (b)  who is a resident of Australia within the meaning of the Income Tax 
        Assessment Act 1936 ; are not, to the extent to which they are for
        services rendered in Australia, exempt from taxation unless the person
        came to Australia only for the purpose of rendering those services.

(4) The immunity conferred by subregulation (1) in respect of paragraphs 2, 3,
4 and 5 does not extend to a person who is an Australian citizen or a
permanent resident of Australia.