Authorisation for signing of and accepting the Agreements

(1) The Minister is hereby authorised on behalf of Belize to accept membership and to sign the following agreements, that is to say, the Fund Agreement, the Bank Agreement, the Corporation Agreement and the Association Agreement, and to deposit, in the cases of the Fund Agreement and the Bank Agreement, with the Government of the United States of America, and in the cases of the Corporation Agreement and the Association Agreement, with the Bank, instruments of acceptance of the said Agreements and to accept the terms and conditions of the Resolutions respectively prescribed there under relating to the admission of Belize to membership or by instruments under his hand, to empower such person as may be named in such instruments to sign the said Agreements and to deposit the said instruments of acceptance as aforesaid. Authorization for (2) The Minister is hereby authorized to execute and deposit with the Fund on behalf of Belize an instrument stating that Belize undertakes all the obligations of a participant in the special drawing rights Department of the Fund in accordance with the law of Belize and representing that Belize has taken all steps necessary to enable it to carry out all of these obligations, or by instruments under his hand to empower such person as may be named in such instruments to deposit the instrument of participation with the Fund.