Diplomatic Immunities and Privileges Act, 2001 (Act No. 37 of 2001)NoticesRecognition of New Development Bank Africa Regional Centre for purposes of granting immunities and privilegesArticle 20 : Entry into force, amendment and termination |
| (1) | This Agreement may be amended by mutual consent of the Parties. Amendments shall take the form of a written agreement which shall enter into force in the same manner as this Agreement. |
| (2) | The Parties may enter into such supplementary agreements as may be necessary within the scope of this Agreement. |
| (3) | Each Party shall notify the other of the completion of the constitutional formalities required by its laws for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last written notification. |
| (4) | In case of conflict between this Agreement and the Agreement on the New Development Bank, the Agreement on the New Development Bank shall prevail. |
| (5) | The Agreement may be terminated by either Party subject to providing at least one (1) year's prior notice or such extended period as may be agreed to by the Parties. |
| (6) | In the event of the termination of this Agreement all relevant provisions shall continue to be applicable for a reasonable period, as agreed to by the Parties, required for settlement of the affairs of the Bank and disposal of its property in South Africa. |
IN WITNESS WHEREOF the undersigned, being duly authorised thereto, have on behalf of the Parties signed and sealed this Agreement in duplicate in the English language.
DONE AT Pretoria on this 17 day of August 2017.
______________________________ FOR THE GOVERNMENT OF THE REPUBLIC OF SOUTH AFRICA |
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_______________________________ FOR THE NEW DEVELOPMENT BANK |