Explanatory note

This Order provides for the payment to the Asian Development Bank of a sum not exceeding £84,718,086 as the contribution of the Government of the United Kingdom of Great Britain and Northern Ireland to the Seventh Replenishment of the resources of the Asian Development Fund of the Bank in accordance with arrangements made with the Bank pursuant to Resolution No. 276 adopted by the Board of Governors of the Bank on 13th December 2000. The order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State in respect of the payment. The Order further provides that scertain sums which may be received by the Government of the United Kindom from the Fund shall be paid into the Consolidated Fund. The provisions of Resolution No. 276 may be obtained by application to the Department For International Development, 94 Victoria Street, London SW1E 5JL.