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The International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2008

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

Draft 2008, ISBN 9780110817934

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 the House of Commons under section 11(5) of the International Development Act 2002, for approval by resolution of the House of Commons.

International Development

Made ***

Coming into force in accordance with Article 1

This Order is made in exercise of the powers conferred by section 11 of the International Development Act 2002f1(“the Act”).

In accordance with section 11(4) of the Act, the Secretary of State makes this Order with the approval of the Treasury.

In accordance with section 11(5) of the Act, a draft of this Order has been laid before the House of Commons and approved by resolution of that House.

Annotations to the whole text

Footnotes

f1

2002 c.1

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Principal Order
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2008 and comes into force on the day after the day on which it is made.

2Amendment of the Principal Order

Article 3 of the International Development Association (Multilateral Debt Relief Initiative) Order 2006f1 is amended as follows:

(a)

after “on behalf of the Government” insert “and in accordance with section 11 of the International Development Act 2002”;

(b)

for “£591.57 million” substitute “£736.12 million”.

Signature

One of Her Majesty’s Principal Secretaries of State

2008

We approve Two of the Lords Commissioners of Her Majesty’s Treasury

2008

Explanatory note

(This note is not part of the Order)

This Order amends the International Development Association (Multilateral Debt Relief Initiative) Order 2006 by increasing the amount that may be paid by the Secretary of State as additional contributions to the International Development Association from £591.57 million to £736.12 million. The adjusted amount is in accordance with arrangements made with the Association pursuant to Resolution 211 adopted by the Board of Governors of the Association on 21 April 2006.

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 referred to above may be obtained by application to the Department for International Development, 1 Palace Street, London SW1E 5HE.