# The European Bank for Reconstruction and Development (Immunities and Privileges) Order 1991, Article 5


(1) Except to the extent that the Board of Directors of the Bank shall have waived immunity, the Bank shall have immunity from suit and legal process –
(a) where the Bank has no office in the United Kingdom, nor has appointed an agent in the United Kingdom for the purpose of accepting service or notice of process, nor has issued or guaranteed securities in the United Kingdom; or
(b) where actions are brought by any member of the Bank or by any person acting for or deriving claims from any member of the Bank; or
(c) in respect of any form of seizure of, or restraint, attachment or execution on, the property or assets of the Bank, wheresoever located or by whomsoever held, before the delivery of final judgment against the Bank; or
(d) in respect of the search, requisition, confiscation or expropriation of, or any other form of interference with, or taking of or foreclosure on, the property or assets of the Bank, wheresoever located and by whomsoever held.
(2) Without prejudice to paragraph (1), the Bank shall, within the scope of its Official Activities, have immunity from suit and legal process, except that the immunity of the Bank shall not apply–
(a) to the extent that the Bank shall have expressly waived any such immunity in any particular case or in any written document;
(b) in respect of a civil action arising out of the exercise of its powers to borrow money, to guarantee obligations and to buy or sell or underwrite the sale of any securities;
(c) in respect of a civil action by a third party for damage arising from a road traffic accident caused by an Officer or an Employee of the Bank acting on behalf of the Bank;
(d) in respect of a civil action relating to death or personal injury caused by an act or omission in the United Kingdom;
(e) in respect of the enforcement of an arbitration award made against the Bank as a result of an express submission to arbitration by or on behalf of the Bank; or
(f) in respect of any counter-claim directly connected with court proceedings initiated by the Bank.

---
Source: https://www.legislation.gov.uk/uksi/1991/757/article/5 (the official version)
Page: https://openlegislation.uk/european-bank-for-reconstruction-and-development-immunities-and-privileges-order-1991/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

