Explanatory note
(This note is not part of the Order)
This Order approves the making of a payment on behalf of the Government of the United Kingdom to the Caribbean Development Bank of a sum not exceeding £35,357,000 as the contribution of the Government of the United Kingdom to the seventh replenishment of the resources of the Special Development Fund (Unified) of the Bank in accordance with arrangements made with the Bank pursuant to the Resolution entitled “Resolution of Contributors to the Special Development Fund of the Caribbean Development Bank (SDF7)” adopted by the Board of Directors of the Bank on 5th March 2009.
The Order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State pursuant to the arrangements.
An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
The provisions of the Resolution mentioned in this Order may be obtained by application to the Department for International Development, 1 Palace Street, London SW1E 5HE.