# The Asian Development Bank (Twelfth Replenishment of the Asian Development Fund) Order 2021, Note: Explanatory note


(This note is not part of the Order)
This Order approves the making of payments on behalf of the Government of the United Kingdom to the Asian Development Bank of sums not exceeding £117.64 million as a contribution to the twelfth replenishment of the Asian Development Fund (the “Fund”). The payment approved by this Order will be made pursuant to Resolution No. 408 adopted by the Board of Governors of the Asian Development Bank on 27th November 2020. The Order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State pursuant to arrangements between the Government and the Bank.
An impact assessment has not been produced for this instrument as no, or no significant, impact on the private, public or voluntary sector is foreseen.
The provisions of Resolutions No. 62 (which established the Fund) and No. 408 (which authorised the twelfth replenishment of the Fund) and Command Paper 3762 may be obtained free of charge by application to the Foreign, Commonwealth and Development Office, King Charles St, London SW1A 2AH.

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Source: https://www.legislation.gov.uk/ukdsi/2021/9780348221749/note (the official version)
Page: https://openlegislation.uk/draft-asian-development-bank-twelfth-replenishment-of-the-asian-development-fund-order-2021/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.