Explanatory note

This Order provides for the payment to the Asian Development Bank of a sum not exceeding £67,006,726 as the contribution of the Government of the United Kingdom to the Sixth Replenishment of the resources of the Asian Development Fund of the Bank in accordance with arrangements made with the Bank pursuant to Resolution No. 247 adopted by the Board of Governors of the Bank on 22nd March 1997. 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 certain sums which may be received by the Government of the United Kingdom from the Fund shall be paid into the Consolidated Fund. The provisions of Resolution No. 247 may be obtained by application to the Department For International Development, 94 Victoria Street, London SWlE 5JL.