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The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2011, ISBN 9780111509838

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order laid before Parliament under section 9(5) of the Debt Relief (Developing Countries) Act 2010, for approval by resolution of each House of Parliament.

International Development

Made ***

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

2010 c. 22.

Contents

  1. 1Citation and commencement
  2. 2Permanent effect
  3. Signature
  4. Explanatory note

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

Name

Name

Two of the Lords Commissioners of Her Majesty’s Treasury

Date

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.