Explanatory note

This Order approves the making of a payment on behalf of the Government of the United Kingdom of a sum not exceeding £81,793,375 as a further contribution to the African Development Fund in accordance with the arrangements made with the Fund pursuant to Resolution F/BG/2002/09 adopted by the Board of Governors of the Fund on 16th December 2002.

The House of Commons has already approved the making of a payment of up to £40,000,000 to the Fund by way of an interim financing arrangement pending conclusion of negotiations on the Ninth Replenishment, which contribution counts towards the United Kingdom’s total contribution to the Ninth Replenishment. This further approval therefore brings the total payment approved for the purposes of the Ninth Replenishment to £121,793, 375.

The Order further approves the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State in payment of the further contribution.

The provisions of the Resolution may be obtained by application to the Department for International Development, 1 Palace Street, London SW1E 5HE.