{"id":"F2003B00241","name":"Inter-American Development Bank (Privileges and Immunities) Regulations 2003","slug":"inter-american-development-bank-privileges-and-immunities-regulations-2003","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":"230 of 2003","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":31215,"registerId":"commonwealth-F2003B00241-current","compilationNumber":null,"startDate":"2026-04-01","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Inter-American Development Bank (Privileges and Immunities) Regulations 2003","content":"![](image.001.png)\n\nInter-American Development Bank (Privileges and Immunities) Regulations 2003\n\nStatutory Rules 2003 No. 2301\n\nI, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the International Organisations (Privileges and Immunities) Act 1963.\n\nDated 27 August 2003\n\nP. M. JEFFERY\n\nGovernor-General\n\nBy His Excellency’s Command\n\nALEXANDER DOWNER\n\nMinister for Foreign Affairs\n\n1 Name of Regulations\n\nThese Regulations are the Inter-American Development Bank (Privileges and Immunities) Regulations 2003.\n\n2 Commencement\n\nThese Regulations commence on gazettal.\n\n3 Interpretation\n\n> In these Regulations:\n\n> Act means the International Organisations (Privileges and Immunities) Act 1963.\n\n> IDB means the Inter-American Development Bank established by the Agreement Establishing the Inter-American Development Bank on 30 December 1959.\n\n4 IDB to have juridical personality and legal capacities\n\nFor subsection 12A (2) of the Act, the IDB:\n\n(a) is a body corporate with perpetual succession; and\n\n(b) is capable, in its corporate name:\n\n(i) of entering into contracts; and\n\n(ii) of acquiring, holding and disposing of real and personal property; and\n\n(iii) of instituting legal proceedings.\n\nNote\n\n> Note: 1. Notified in the Commonwealth of Australia Gazette on 3 September 2003.","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This legislation remains tightly focused on its original purpose of granting basic legal personality to the IDB under the parent Act. It has not expanded beyond the narrow scope of enabling the IDB to function as a legal entity in Australia."},"complexity_factors":["Extremely short: only 4 operative provisions","Minimal defined terms: only 2 definitions ('Act' and 'IDB')","No cross-references beyond a single reference to the parent Act (subsection 12A(2))","No conditional logic, exceptions, or nested provisions","Single purpose: conferring corporate legal capacity only","Straightforward declaratory language ('is a body corporate', 'is capable')"],"plain_english_summary":"These regulations grant the Inter-American Development Bank formal legal personality in Australia, letting it act as a corporate entity — enter contracts, own and dispose of property, and sue or be sued — with those powers continuing indefinitely. It affects the IDB itself, Australian counterparties (banks, contractors, landlords) and courts, and matters because it allows the bank to operate, hold assets and enforce rights in Australia without relying on individual representatives."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The Regulations implement subsection 12A(2) of the International Organisations (Privileges and Immunities) Act 1963 by declaring the IDB a body corporate with specified capacities (Regulation 4). They do not broaden or narrow those capacities beyond what the provision states and introduce no additional obligations or exemptions."},"complexity_factors":["Very narrow subject matter — single organisation and limited set of capacities (Regulation 4).","Simple legal outcome (corporate personality and specific capacities) rather than procedural or regulatory regime.","Directly implements subsection 12A(2) of the International Organisations (Privileges and Immunities) Act 1963 (Regulation 4); relies on parent Act for scope and immunities.","Limited operational detail — no administrative regimes, reporting, or enforcement mechanisms introduced.","Minor interaction points with domestic law: property dealings, contract law and court access (effects on third parties and registries).","Immediate commencement on gazettal reduces phased implementation complexity (Regulation 2)."],"plain_english_summary":"These Regulations give the Inter‑American Development Bank (IDB) formal legal personality in Australia and set out its basic corporate powers: perpetual succession; entering contracts; acquiring, holding and disposing of property; and instituting legal proceedings (Regulation 4). They affect the IDB, parties that contract with or sue the Bank, and Australian courts and registries that deal with its affairs. Mechanically, the measure enables the Bank to act in its corporate name under Australian law and changes who can be a contracting party or litigant."}},"importantCases":[],"_links":{"self":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003","history":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003/history","analysis":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003/analysis","conflicts":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003/conflicts","importantCases":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003/important-cases","documents":"/api/acts/inter-american-development-bank-privileges-and-immunities-regulations-2003/documents"}}