Africa Export-Import Bank (Membership of Zimbabwe and Branch Office Agreement) Act, 2005 PART VIII Officials, Experts and Consultants of the Bank Article XV Officials, experts and consultants recruited by the Bank or on secondment to serve at the Harare Branch shall enjoy in the territory of the Republic of Zimbabwe, the following immunities, exemptions and privileges: (a) immunity from legal process in respect of words spoken or written and acts performed by them in their official capacity; (b) where they are not nationals of Zimbabwe, immunity from personal arrest or detention; (c) immunity from seizure of their personal and official baggage; (d) exemption from taxation in respect of the salaries, emoluments, indemnities and pensions paid to them by the Bank for their service with the Bank; (e) immunity, together with dependent members of their families and the personal employee of the Executive Vice-President, from all immigration restrictions and alien registration; (f) the same privileges in respect of exchange facilities as are accorded by the Government to members of diplomatic missions or staff of international organisations of comparable rank; (g) exemption from any form of direct taxation on income derived from sources outside the Republic of Zimbabwe; the freedom to maintain within the Republic of Zimbabwe accounts in local currency, and elsewhere foreign currency accounts; freedom to own in the Republic of Zimbabwe foreign securities and other property as is accorded to staff and other officers of diplomatic missions and international organisations of comparable rank; and, while employed in the service of the Harare Branch and upon the termination of such employment, the right to transfer funds out of the Republic of Zimbabwe in any convertible currency without any restriction or limitation, provided that the officials concerned can show good cause for their lawful possession of such funds; (h) the same right to import their furniture and personal effects, including motor vehicles and spare parts therefor, on first taking up their permanent posts at the Harare Branch, or thereafter, and the same privileges and immunities as regards goods, including motor fuel, purchased in the Republic of Zimbabwe, as are accorded in the Republic of Zimbabwe to the resident members of diplomatic missions and international organisations of comparable rank; (i) exemption from registration fees in respect of their automobiles; (j) the same repatriation facilities for themselves, dependent members of their families and the personal employee of the Executive Vice-President, and the same right to protection by the authorities of the Republic of Zimbabwe in time of international crisis or national emergency, as members of diplomatic missions; (k) other privileges and exemptions which are or may be accorded by the Government to members of diplomatic missions of comparable rank or to officials, experts and consultants of comparable rank of other international organisations. - 13 -

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