First ScheduleI. THE MEMBERSHIP RESOLUTIONS OF THE

First Schedule, item 1

1. Definitions.— As used in this Resolution: (a) The term “Fund” means the International Monetary Fund. (b) The term “Articles” means the Articles of Agreement of the International Monetary Fund.

First Schedule, item 2

2. Quota.— The quota of Bangladesh shall be the equivalent of SDR 125 million.

First Schedule, item 3

3. Subscription.— The subscription of Bangladesh shall be equal to its quota. Bangladesh shall pay in gold not less than the equivalent of SDR 2 million and the balance of the subscription shall be paid in the currency of Bangladesh.

First Schedule, item 4

4. Payment of subscription.— The portion of the subscription to be paid in gold shall be paid not later than the day the Articles are signed on behalf of Bangladesh. In case Bangladesh does not acquire membership in the Fund the gold so paid shall be returned to it by the Fund. The remaining part of the subscription which has not been paid in gold shall be paid before the thirtieth day after the initial par value of the currency of Bangladesh has been agreed in accordance with paragraph 5 below.

First Schedule, item 5

5. Determination of Par Value.— Within 30 days after the Fund so requests, Bangladesh shall communicate to the Fund a proposed par value for its currency, and within 60 days following the Fund’s receipt of the proposed par value, Bangladesh and the Fund shall agree on an initial par value for the currency; provided that the Fund may extend the period of 60 days and that Bangladesh shall be deemed to have withdrawn from the Fund if agreement on a par value has not been reached when the extended period expires. In the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, Bangladesh shall not change its exchange rates prevailing at the time of accepting membership without agreement with the Fund after prior consultation.

First Schedule, item 6

6. Exchange Transactions with the Fund.— Bangladesh may not engage in exchange transactions with the Fund until both (a) the par value of its currency has been agreed in accordance with paragraph 5 above and put into operation and (b) its subscription has been paid in full; provided, however, that at any time before the requirements under (a) and (b) have been met, the Executive Directors are authorised to permit exchange transactions with Bangladesh under such conditions and in such amounts as may be prescribed by the Executive Directors.

First Schedule, item 7

7. Representation and Information.— Before accepting membership in the Fund, Bangladesh shall represent to the Fund that it has taken all action necessary to sign and deposit the Instrument of Acceptance and sign the Articles, as contemplated by paragraph 8(a) and (b) of this Resolution, and Bangladesh shall furnish to the Fund such information in respect of such action as the Fund may request.

First Schedule, item 8

8. Acceptance of Membership.— After the Fund shall have informed the Government of the United States of America that Bangladesh has complied with the conditions set forth in paragraph 7 of this Resolution, Bangladesh shall become a member of the Fund as of the date when Bangladesh shall have complied with the following requirements: (a) Bangladesh shall deposit with the Government of the United States of America an instrument stating that it accepts in accordance with its law the Articles and all the terms and conditions prescribed in this Resolution, and that it has taken all steps necessary to enable it to carry out all its obligations under the Articles and this Resolution; and (b) Bangladesh shall sign the original copy of the Articles held in the Archives of the Government of the United States of America.

First Schedule, item 9

9. Period for Acceptance of Membership.— Bangladesh may accept membership in the Fund pursuant to this Resolution within six months of the effective date of this Resolution, which date shall be the date of its adoption by the Board of Governors; provided, however, that, if extraordinary circumstances are deemed by the Executive Directors to warrant an extension of the period during which the applicant may accept membership pursuant to this Resolution, the Executive Directors may extend such period until such later date as they may determine. II. THE MEMBERSHIP RESOLUTION NO. 274 OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT MEMBERSHIP OF BANGLADESH WHEREAS , the Government of Bangladesh has applied for admission to membership in the International Bank for Reconstruction and Development in accordance with Section 1 (b) or Article II of the Articles of Agreement of the Bank; and WHEREAS , pursuant to Section 20 of the By-laws of the Bank, the Executive Directors, after consultation with representatives of the Government of Bangladesh have made recommendations to the Board of Governors regarding this application; NOW , THEREFORE , the Board of Governors hereby RESOLVES : THAT the terms and conditions upon which Bangladesh shall be admitted to membership in the Bank shall be as follows: Definitions 1. As used in this resolution: (a) “Bank” means International Bank for Reconstruction and Development. (b) “Articles” means the Articles of Agreement of the Bank. (c) “Dollars” or “$” means United States dollars of the weight and fineness in effect on July 1, 1944. (d) “Subscription” means the capital stock of the Bank subscribed to by a member. (e) “Member” means member of the Bank.

First Schedule, item 2

2. Subscription.— By accepting membership in the Bank, Bangladesh shall subscribe to 1,067 shares of the capital stock of the Bank at the par value of $100,000 per share.

First Schedule, item 3

3. Membership in the Fund.— Before accepting membership in the Bank, Bangladesh shall accept membership in and become a member of the International Monetary Fund.

First Schedule, item 4

4. Payments on Subscription.— (a) Before accepting membership in the Bank, Bangladesh shall pay to the Bank on account of the subscription price of one-half of such shares: (i) Gold or United States dollars equal to 2% thereof; and (ii) An amount in its own currency which, at the appropriate prevailing exchange rate, shall be equal to 18% thereof. (b) With respect to the subscription price of the other onehalf of such shares, the 2% portion payable in gold or United States dollars and the 18% portion payable in the currency of the member shall be left uncalled, as set forth in Resolution No. 129, on the same basis as the 2% and 18% portions of subscriptions made pursuant to Resolution No. 128 of the Board of Governors.

First Schedule, item 5

5. Representation and Information.— Before accepting membership in the Bank, Bangladesh shall represent to the Bank that it has taken all action necessary to sign and deposit the instrument of acceptance and sign the Articles as contemplated by paragraph 6(b) and (e) of this resolution and Bangladesh shall furnish to the Bank such information in respect of such action as the Bank may request.

First Schedule, item 6

6. Acceptance of Membership.— Bangladesh shall become a member of the Bank with a subscription as set forth in paragraph 2 of this resolution as of the date when Bangladesh shall have complied with the following requirements: (a) Become a member of the International Monetary Fund; (b) Made the payments called for by paragraph 4 of this resolution; (c) Furnished the representation, and such information as may have been requested, pursuant to paragraph 5 of this resolution; (d) Deposited with the Government of the United States of America an instrument stating that it has accepted in accordance with its law the Articles and all the terms and conditions prescribed in this resolution, and that it has taken all steps necessary to enable it to carry out all its obligations under the Articles and this resolution; (e) Signed the original copy of the Articles held in the Archives of the Government of the United States of America.

First Schedule, item 7

7. Limitation on Period for Acceptance of Membership.— Bangladesh may accept membership in the Bank pursuant to this resolution until December 29, 1972, or such later date as the Executive Directors may determine. III. THE MEMBERSHIP RESOLUTION NO. 84 OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL DEVELOPMENT ASSOCIATION MEMBERSHIP OF BANGLADESH WHEREAS , the Government of Bangladesh has applied for admission to membership in the International Development Association (hereinafter called “Association”) in accordance with Section 1 (b) of Article II of the Articles of Agreement of the Association (hereinafter called “Articles”); and WHEREAS , pursuant to section 9 of the By-Laws of the Association, the Executive Directors, after consultation with representative of the Government of Bangladesh, have made recommendations to the Board of Governors regarding this application; NOW , THEREFORE , the Board of Governors hereby RESOLVES : THAT the terms and conditions upon which Bangladesh shall be admitted to membership in the Association shall be as follows: I. Initial Subscription: (a) The terms and conditions of the membership of Bangladesh in the Association other than those specifically provided for in this resolution shall be those set forth in the Articles with respect to the membership of original members listed in Part II of Schedule A thereof (including, but not by way of limitation the terms and conditions relating to subscriptions, payments on subscriptions, usability of currencies, and voting rights). (b) Upon accepting membership in the Association, Bangladesh shall subscribe funds in the amount of $ 5,380,000 expressed in terms of United States dollars of the weight and fineness in effect on January 1, 1960. (c) Before accepting membership in the Association, Bangladesh shall make all payments on its initial subscription which would have been payable on or before the date of acceptance had it become a member of the Association as an original member listed in Part II of Schedule A of the Articles. (d) Bangladesh may accept membership in the Association pursuant to this resolution until December 29, 1972, or such later date as the Executive Directors may determine. II. Additional Subscription: (e) Upon or after acceptance of membership, Bangladesh is also authorized at its option to make an additional subscription in the amount of $209,440 which shall carry 1250 votes plus one vote for each $80 of such additional subscription (that is, 2618 votes) (f) The rights and obligations of the Association and Bangladesh with regard to such additional subscription shall be the same as those which are applicable to the subscriptions authorized for Part II members under Part D of the Third Replenishment Resolution adopted by the Board of Governors of February 17, 1971.