Immunity of property and assets

(1) Property and assets of the Community wherever located and by whomsoever held, shall enjoy immunity from every form of legal process except in so far as in any particular case such immunity has been expressly waived, but no waiver of immunity shall extend to any measure of execution. (2) The property of the Community, wherever located and by whomsoever held, shall be immune from search, requisition, 110 [CAP. 23 Diplomatic Privileges and Consular Conventions confiscation, expropriation and any other form of interference whether by executive, administrative or judicial action in Belize. (3) To the extent necessary to carry out the purpose and functions of the Community and to conduct the operations of the Community in accordance with the Treaty as Revised, all property and other assets of the Community shall be free from restriction, regulations, controls and moratoria of any nature, except as may otherwise be provided in the Treaty or the Protocol.