Article 6
The Bank shall have immunity from suit and legal process, except:
(a)
to the extent that the Board of Directors of the Bank shall have waived immunity;
(b)
in a case arising out of the exercise of its borrowing powers if it has appointed an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities, in the United Kingdom;
(c)
in respect of a civil action by a third party for damage arising out of an accident caused by a motor vehicle belonging to, or operated on behalf of, the Bank, or in respect of a traffic offence committed by the driver of such a vehicle;
provided that no proceedings may be brought against the Bank by a member or any person acting for or deriving a claim from a member.