The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011
S.I. 2011/1336 · Made 25 May 2011
International Development
Made at 12.00 p.m. on 25th May 2011
Coming into force in accordance with article 1
The Treasury make the following Order in exercise of the power conferred by section 9(3) of the Debt Relief (Developing Countries) Act 2010f1.
A draft of this Order has been laid before, and approved by resolution of, each House of Parliament in accordance with section 9(5) of that Act.
Annotations to the whole text
Footnotes
- f1
Contents
1Citation and commencement
This Order may be cited as the Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011 and comes into force on the day after the day on which it is made.
2Permanent effect
The Debt Relief (Developing Countries) Act 2010 is to have permanent effect.
Signature
Jeremy Wright
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
12.00 p.m. on 25th May 2011
Explanatory note
(This note is not part of the Order)
The Debt Relief (Developing Countries) Act 2010 (c. 22) (“the Act”) limits the amount of money that commercial creditors can recover from certain developing countries. This Order gives permanent effect to the Act.
An impact assessment has not been produced for this Order as no additional impact on the costs of business or the voluntary sector is foreseen.