Projet

(iii) funds received in repayment of loans or guarantees made with the resources

indicated in sub-paragraphs (i) and (ii) of this Article or as returns on equity investments and other types of financing approved under sub-paragraph 2 (vi) of Article 11 made with such resources;

(iv) income derived from loans made from the aforementioned funds or from

guarantees to which the commitment to calls set forth in paragraph 3 of Article 6 is applicable; and

(v) any other funds or income received by the Bank which do not form part of

its Special Funds resources referred to in Article 17 of this Agreement.

CHAPTER III OPERATIONS OF THE BANK Article 9 Use of Resources

The resources and facilities of the Bank shall be used exclusively to implement the purpose and functions set forth, respectively, in Articles 1 and 2, and in accordance with sound banking principles.

Article 10 Ordinary and Special Operations

1. The operations of the Bank shall consist of:

(i) ordinary operations financed from the ordinary resources of the Bank,

referred to in Article 8; and

(ii) special operations financed from the Special Funds resources referred to in

Article 17.

The two types of operations may separately finance elements of the same project or program.

2. The ordinary resources and the Special Funds resources of the Bank shall at all times and in all respects be held, used, committed, invested or otherwise disposed of entirely separately from each other. The financial statements of the Bank shall show the ordinary operations and special operations separately.

3. The ordinary resources of the Bank shall, under no circumstances, be charged with, or used to discharge, losses or liabilities arising out of special operations or other activities for which Special Funds resources were originally used or committed.

4. Expenses appertaining directly to ordinary operations shall be charged to the ordinary resources of the Bank. Expenses appertaining directly to special operations shall be charged to the Special Funds resources. Any other expenses shall be charged as the Bank shall determine.