# The African Development Bank (Subscription to Capital Stock) Order 1983, Introduction: Introductory text


OVERSEAS DEVELOPMENT AND CO-OPERATION
Laid before the House of Commons in draft
Made 25th May 1983
Coming into Operation 25th May 1983
Whereas it is provided in section 4(1) of the Overseas Development and Co-operation Act 1980 (“the Act”) that if the Government of the United Kingdom becomes bound by an international agreement for the establishment and operation of an international development bank which provides for the making by members of the bank of an initial subscription or other initial contribution to the capital stock of the bank or becomes bound by any arrangements for the making by the members of any further payment to any such bank, the Secretary of State may with the approval of the Treasury by order made by statutory instrument provide for the payment out of money provided by Parliament of any sums required by him for any of the purposes specified in that subsection;
And whereas a draft of this Order has been laid before the House of Commons in accordance with section 4(3) of the Act and has been approved by a resolution of that House;
Now, therefore, the Secretary of State, in exercise of the powers conferred upon him by section 4 of the Act and with the approval of the Treasury, hereby makes the following Order:—

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Source: https://www.legislation.gov.uk/uksi/1983/816/introduction (the official version)
Page: https://openlegislation.uk/african-development-bank-subscription-to-capital-stock-order-1983/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.