# The African Development Bank (Further Subscription to Capital Stock) Order 2000, Article 2


The Secretary of State may, on behalf of the Government of the United Kingdom, out of money provided by Parliament–
(a) make payment of a further subscription to the increased authorised capital stock of the Bank of sums not exceeding in the aggregate the equivalent of 139,900,000 Units of Account in accordance with arrangements made between the Government and the Bank in accordance with the Agreement and the Resolution; and
(b) make any payments which may become payable in accordance with the said arrangements to maintain the value of the payment mentioned in paragraph (a) above; and
(c) make payment in sterling of sums required to redeem any non-interest-bearing and non-negotiable notes or other obligations which may be issued or created by her and accepted by the Bank in accordance with the said arrangements.

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Source: https://www.legislation.gov.uk/uksi/2000/1398/article/2 (the official version)
Page: https://openlegislation.uk/african-development-bank-further-subscription-to-capital-stock-order-2000/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

