Art. VII Verdrag tussen het Koninkrijk der Nederlanden, ten behoeve van Sint Maarten, en de Internationale Bank voor Wederopbouw en Ontwikkeling en de Internationale Financieringsmaatschappij inzake de vestiging en het functioneren van een kantoor op Sint Maarten

Section 1. The World Bank Group Organizations shall enjoy immunity from every form of legal process, except in cases arising out of or in connection with the exercise of their powers to issue or guarantee securities. This immunity shall include immunity from any type of legal process in respect of personnel matters involving Staff of the World Bank Group Organizations. Any dispute arising between the World Bank Group Organizations and the Staff of the World Bank Group Organizations shall be resolved under the internal justice system of the World Bank Group Organizations, which shall have exclusive jurisdiction over such personnel matters. Any dispute with contractual third parties shall be resolved under dispute settlement arrangements under the contract. Section 2. This immunity may be expressly waived by the relevant World Bank Group Organization for any specific case, in writing. Section 3. No action shall be brought against the World Bank Group Organizations by the Host State or by persons acting for or deriving claims from the Host State or the Government of Sint Maarten. Section 4. In the very limited and distinct situations as provided in Section 1 of this Article VII where the World Bank Group Organizations may be sued, its property and assets shall nevertheless, wheresoever located and by whomsoever held, be immune from all forms of seizure, confiscation, attachment or sequestration, including prior or provisional restraints, before the delivery of a final judgment against the World Bank Group Organizations.

Immunity from Legal Process

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