s 3 Acceptance of Agreement
3. The President is hereby authorised by instrument under his hand to empower such person as may be named in the instrument, on behalf of the Government —(a) to sign the Agreement; and (b) to deposit with the International Bank for Reconstruction and Development an instrument of acceptance stating that the Government has accepted without reservation in accordance with the laws of Singapore the Agreement and the terms and conditions of the Resolution by the Board of Governors of the Corporation, dated 8 March 1968, providing for the admission of Singapore to membership, and has taken all steps necessary to enable the Government to carry out all its obligations under the Agreement and the said Resolution.