Bank for International Settlements Privileges and Immunities Order Foreign Missions and International Organizations Act

• Date: 19 April 2024
• Published date: 08 May 2024
• Reference: DORS
• Section: Part II - Official regulations
• Gazette Issue: 10 - s/o

Canada Gazette, Part II, Volume 158, Number 10

Registration
SOR/2024-71 April 19, 2024

FOREIGN MISSIONS AND INTERNATIONAL ORGANIZATIONS ACT

P.C. 2024-396 April 19, 2024

Her Excellency the Governor General in Council, on the recommendation of the Minister of Foreign Affairs and the Minister of Finance, makes the annexed Bank for International Settlements Privileges and Immunities Order under section 5^{footnote a} and subsection 13(1)^{footnote b} of the Foreign Missions and International Organizations Act ^{footnote c}.

Bank for International Settlements Privileges and Immunities Order Definitions

Definitions

1 (1) The following definitions apply in this Order.

Agreement

means the Agreement between the Government of Canada and the Bank for International Settlements on the Establishment of an Office of the Bank in Canada for the Operation of the BIS Innovation Hub Toronto Centre, done at Ottawa on January 31, 2024. (Accord)

Centre

has the same meaning asssigned by the definition BISIH Toronto Centre in sub-paragraph (b) of Article 1 of the Agreement. (Centre)

Convention

means the Convention on the Privileges and Immunities of the United Nations set out in Schedule III to the Foreign Missions and International Organizations Act. (Convention)

official activities

has the same meaning assigned by the definition Official Activities in sub-paragraph (j) of Article 1 of the Agreement. (activités officielles)

Organization

has the same meaning assigned by the definition BIS in sub-paragraph (a) of Article 1 of the Agreement. (Organisation)

Privileges and Immunities

Legal capacities, privileges and immunities

2 The Organization has in Canada, while carrying out its official activities, the legal capacities of a body corporate and, to the extent specified in Articles 2 and 4 to 10 of the Agreement, the privileges and immunities set out in Articles II and III of the Convention.

Members and representatives

3 (1) Members of the Organization’s Board of Directors and representatives of the central banks and monetary authorities that are members of the Organization referred to in Article 11 of the Agreement have in Canada, while carrying out official activities and to the extent specified in that Article, the privileges and immunities set out in Article IV of the Convention.

General Manager and Deputy General Manager

(2) The General Manager of the Organization and the Deputy General Manager of the Organization have in Canada, while carrying out official activities, to the extent specified in sub-paragraphs (1)(a), (c) and (d) and paragraph 2 of Article 11 of the Agreement, the privileges and immunities set out in Article V of the Convention.

Centre officials

4 Officials of the Centre referred to in paragraph (e) of Article 1 of the Agreement have in Canada, while carrying out official activities and to the extent specified in sub-paragraphs (1)(a) to (c) and (e) to (h) and paragraph 2 of Article 14 of the Agreement, the privileges and immunities set out in Article V of the Convention.

Officials of the Organization

5 Officials of the Organization referred to in sub-paragraph (d) of Article 1 of the Agreement have in Canada, while carrying out official activities and to the extent set out in subparagraphs (1)(a), (b) and (d) and paragraph 2 of Article 13 of the Agreement, the privileges and immunities set out in Article V of the Convention.

Experts

6 Experts referred to in sub-paragraph (f) of Article 1 of the Agreement that perform missions for the Organization...