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State Succession: Assumption of Obligations Under I.B.R.D. Loan Agreements on Dissolution of the Federation of Rhodesia and Nyasaland* Guarantee Agreement (Kariba Project) Between Territory of Northern Rhodesia and International Bank for Reconstruction and Development and United Kingdom of Great Britain and Northern Ireland Dated December 30, 1963*

Published online by Cambridge University Press:  31 May 2017

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Abstract

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Type
Treaties and Agreements
Information
International Legal Materials , Volume 3 , Issue 3 , May 1964 , pp. 509 - 518
Copyright
Copyright © American Society of International Law 1964

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Footnotes

*

[Reproduced from a text issued by the International Bank for Reconstruction and Development. The agreement became effective January 1, 1964. Under the agreement reproduced here the Central African Power Corporation assumed the obligations of the Federal Power Board of the Federation of Rhodesia and Nyasaland under the Loan Agreement of June 21, 1956, whereby the International Bank for Reconstruction and Development provided $80,000,000 for the Kariba electric power project. The Schedule to the agreement regarding modifications of Loan Regulations No. 4 has not been reproduced.

[On page 515 the agreement of the Territory of Northern Rhodesia guaranteeing the Kariba project loan is reproduced. A similar guarantee agreement was made with the Colony of Southern Rhodesia.

[Loan assumption agreements concluded December 30, 1963, regarding the Rhodesia Railways Project and the Southern Rhodesia African Agricultural Project have not been reproduced.]

*

[Reproduced from a text issued by the International Bank for Reconstruction and Development. The agreement became effective January 1, 1964. A similar guarantee agreement for the Kariba project was concluded between the Colony of Southern Rhodesia and the International Bank for Reconstruction and Development and the United Kingdom, dated December 30, 1963, effective January 1, 1964. The loan assumption agreement for the Kariba project whereby the Central African Power Corporation assumed the obligations of the Federal Power Board of the Federation of Rhodesia and Nyasaland appears at page 509.]

References

1 [285 U.N.T.S. 326.]

2 [285 U.N.T.S. 355.]

3 [285 U.N.T.S.317.]

1 [285 U.N.T.S. 326.]

2 [285 U.N.T.S. 355.]

3 [285 U.N.T.S. 317.]