Hong Kong Regulations

THE ASIAN DEVELOPMENT BANK - PARAGRAPH 3

The Organization shall have immunity from suit and legal process except-

   (a)  in respect of any proceedings (other than proceedings brought against
        the Organization by any member, any agency or instrumentality of a
        member, or any person directly or indirectly acting for or deriving
        claims from a member or from any agency or instrumentality of a
        member) arising out of or in connection with the exercise of its
        powers to borrow money, guarantee obligations, or buy, sell or
        underwrite the sale of securities;

   (b)  to the extent that the Organization shall have expressly waived such
        immunity in a particular case;

   (c)  in respect of a civil action by a third party for damages arising from
        an accident caused by a motor vehicle belonging to, or operated on
        behalf of, the Organization, or in respect of a motor traffic offence
        involving such a vehicle.