Catalog

Special Operations Grant Regulations: Applicable to Grants Made by ADB from Its Special Funds Resources
Dated: 7 February 2005

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Contents

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1. Article I: Purpose; Application To Grant Agreements

   Section 1.01 Purpose
   
   Section 1.02 Application of Regulations
   
   Section 1.03 Inconsistency with Grant Agreement

2. Article II: Definitions; Interpretation

   Section 2.01 Definitions
   
   Section 2.02 Interpretation

3. Article III: Grant Account

   Section 3.01 Grant Account

4. Article IV: Currency Provisions

   Section 4.01 Denomination of the Grant
   
   Section 4.02 Currency of Withdrawal and Purchase of Currencies

5. Article V: Withdrawal of Grant Proceeds

   Section 5.01 Withdrawal from the Grant Account
   
   Section 5.02 Commitment Letters by ADB
   
   Section 5.03 Application for Withdrawal
   
   Section 5.04 Evidence of Authority to Sign Applications
   
   Section 5.05 Supporting Evidence
   
   Section 5.06 Sufficiency of Applications and Documents
   
   Section 5.07 Payment by ADB

6. Article VI: Particular Covenants

   Section 6.01 Cooperation and Information
   
   Section 6.02 Insurance
   
   Section 6.03 Records, Accounts and Audits
   
   Section 6.04 Reports
   
   Section 6.05 Counterpart Obligations and Land Acquisition
   
   Section 6.06 Work Schedules, Plans and Design Standards
   
   Section 6.07 General Undertakings
   
   Section 6.08 Contractors and Consultants
   
   Section 6.09 Maintenance

7. Article VII: Exemption from Taxation

   Section 7.01 Exemption from Taxation

8. Article VIII: Suspension and Cancellation

   Section 8.01 Suspension by ADB
   
   Section 8.02 Cancellation by ADB
   
   Section 8.03 Cancellation by the Recipient
   
   Section 8.04 Amounts Subject to Commitment Letters
   
   Section 8.05 Effectiveness of Provisions After Suspension or Cancellation

9. Article IX: Effectiveness; Termination

   Section 9.01 Conditions Precedent to Effectiveness
   
   Section 9.02 Legal Opinions
   
   Section 9.03 Effective Date
   
   Section 9.04 Termination for Failure to Become Effective

10. Article X: Enforceability; Failure to Exercise Rights; Arbitration

    Section 10.01 Enforceability
    
    Section 10.02 Failure to Exercise Rights
    
    Section 10.03 Arbitration

11. Article XI: Miscellaneous Provisions

    Section 11.01 Notices and Requests
    
    Section 11.02 Authority to Take Action
    
    Section 11.03 Evidence of Authority
    
    Section 11.04 Execution in Counterparts