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ΕΠΙΣΗΜΗ ΕΦΗΜΕΡΙΔΑ ΤΗΣ 17ης ΙΟΥΛΙΟΥ
1984
787
(b) The foregoing undertaking shall not apply to: (i) any
lien created
οη
property, at the time of purchase thereof, solely
θβ
security for payment of the purchase pr1ce of such property or
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security for the payment of debt incurred for the purpose of
f1nanc1ng the purchase of such property; and (i1) any l1en
arising
1η
the ord1nary course of bank1ng transact10ns and
securlng a debt maturlng not more than one year after 1ts date.
(c)
As
used
1η
th1s Sectlon, the
terιn
"publ1c assets" means
assets of the Borrower, of any pol1t1cal or adm1n1strat1ve sub–
dlvls10n
ther~of
and of any ent1ty owned or controlled by, or
operatlng for the account or benef1t of, the Borrower or any such
subdlv1s10n, lnclud1ng gold and fore1gn exchange assets held by
any 1nst1tut10n performing the funct10ns of a central bank or
exchange stab111zat10n fund, or s1m11ar funct10ns, for the
Borrower.
Sect10n
4.02.
(a) The Borrower shall ma1nta1n or cause to
be
malntalned separate accounts and records adequate to ref lect
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accordance w1th cons1stently ma1nta1ned appropr1ate account1ng
pract1ces the operatlons, resources and expend1tures: (1)
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respect of the Project, of the departments or agenc1es of the
Borrower respons1ble for carry1ng out the Project or any part
thereof; and (11)
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respect of each of the Borrower's 1rr1gat10n
schemes and domestlc water supp1y schemes.
(b) The Borrower sha11: (1) have e.the accounts referred to
1η
paragraph (a) of this Section for each fisca1 year audited,
1η
accordance with appropriate auditing princip1es consistent1y
app1ied, by independent audi tors acceptab1e to the Bank;
(!
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furn1sh to the Bank as soon as ava11ab1e, but
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any case not
1ater than s1x months after the end of each such year, a certi–
f1ed copy of the report of such aud1t by sa1d auditors, of such
scope and
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such detal1 as the Bank shall have reasonably
requested, inc1uding, w1thout 1imitation to the foregoing, a
separate report by sa1d auditors for accounts ma1ntained
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respect of the Project; and (i11) furnish to the Bank such other
informat10n concerning said separate accounts, records and
expend1 tures referred to
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paragraph (a) of this Section and
concerning the audit referred to
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th1s
paragrap~
as the Bank
sha11 from time to time reasonab1y request.
Section
4.03.
(a) The Borrower sha11: (i) cause the faci11-
ties to be constructed under the Project to be operated and main–
tained at a11 t1mes
ίη
accordance with appropr1ate agr1cultura1,
technical, engineering and irr1gat10n pract1ces; (ii) cause a11
necessary safety inspections, renewals and repairs thereof to be
made from time to time; and (1ii) provide, prompt1y as needed,
the funds, fac111ties, serv1ces and other resources required
therefor.
(b) Without limitat10n to or restr1ction
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the provis10ns
of paragraph (a) of th1s Sect10n, the Borrower sha11: (i)with
thc assistance of the experts referred to
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Sect10n
3.05
of th1s
Agreement, cause the Kour1s Dam and appurtenant structures con–
structed under Part
Α
of the Project to be inspected at 1east
twice a year during construction,
Όnce υροη
comp1et1on, annually
for the five years f0110wing comp1etion, and thereafter at
regu1ar interva1s of not more than f1ve years, such 1nspections
to be carr1ed out
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accordance w1th sound eng1neering pract1ces
ι
1η
order to determine whether there are deficiencies
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the
condit1on of sa1d Dam and structures or
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the qua11ty and ade–
quacy of maintenance or methods of operat1on thereof which may
endanger thelr safety; and (1i) prompt1y after each such inspec–
t1on, submit to the Bank the conc1us10n of such experts, make a11
necessary repa1 rs anc mod1f1cat1ons
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the qua11 ty and adequacy
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ma1ntenance or methods of operat10ns of sa1d Dam structures,
a11
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accordance w1th sound eng1neering pract1ce and w1th the
recommendations of
sa~d
experts.