This Order provides for the limited exemptions from income tax, capital transfer tax, capital gains tax and stamp duty contained in section 126 of the Finance Act 1984, to be given in respect of securities issued by the Asian Development Bank, an international organisation of which the United Kingdom is a member. These exemptions are conferred in accordance with Article 56(3)(ii) of the Agreement establishing the Asian Development Bank (Cmnd. 3762). The Agreement, opened for signature at Manila on 4 December 1965, entered into force for the United Kingdom on 26 September 1966.