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The International Fund for Agricultural Development (Thirteenth Replenishment) Order 2026

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

Draft 2026, ISBN 9780348287653

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 (c. 1), for approval by resolution of the House of Commons.

INTERNATIONAL DEVELOPMENT

Made ***

Coming into force

The Secretary of State makes this Order in exercise of the powers conferred by section 11 (4) of the International Development Act 2002 (“the Act”)f1 for the purposes of approving a payment under section 11 (3) of the Act.

Section 11 of the Act provides that where the Government of the United Kingdom becomes bound to make a relevant paymentf2 to a multilateral development bankf3 the Ministerf4 may make the relevant payment and other associated payments specified in section 11(3).

In accordance with section 11 (4) of the Act, this Order is made 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. Section 11(3) and (4) was amended by S.I. 2017/1283.

f2

The term “relevant payment” is defined in section 11 (2) of the International Development Act 2002. The payments mentioned in article 3 of this Order are relevant payments for the purposes of that definition.

f3

The term “multilateral development bank” is defined in section 11 (2) of the International Development Act 2002. The International Fund for Agricultural Development is a multilateral development bank for the purposes of that definition.

f4

The term “the Minister” is defined in section 1 (4) of the International Development Act 2002 as meaning the Secretary of State or the Treasury.

Contents

  1. 1Citation and commencement
  2. 2Interpretation
  3. 3Relevant payments
  4. Signature
  5. Explanatory note

1Citation and commencement

This Order may be cited as the International Fund for Agricultural Development (Thirteenth Replenishment) Order 2026 and comes into force on the day after the day on which it is made.

2Interpretation

In this Order—

  • “the Fund” means the International Fund for Agricultural Development established by an agreement dated 13th June 1976 as ratified by the Government on 9th September 1977f1;

  • “the Government” means the Government of the United Kingdom;

  • “the Resolution” means Resolution 235/XLVII on the Thirteenth Replenishment of the Fund’s Resources adopted by the Governing Council of the Fund on 14th February 2024f2.

3Relevant payments

The Secretary of State may, on behalf of the Government and in accordance with section 11 of the International Development Act 2002—

(a)

make payment of a further contribution to the Fund not exceeding £52,600,000 in accordance with arrangements made between the Government and the Fund in accordance with the Resolution, and

(b)

make payment of sums required to redeem any non-interest-bearing and non-negotiable notes or other obligations which may be issued or created by the Secretary of State and accepted by the Fund pursuant to the arrangements mentioned in paragraph (a).

Signature

Name

Minister of State

Foreign, Commonwealth and Development Office

Date

We approve,

Name

Name

Two of the Lords Commissioners of His Majesty’s Treasury

Date

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 International Fund for Agricultural Development (the “Fund”) not exceeding £52.6 million. The payments approved by this Order will be made pursuant to arrangements made between the Government and the Fund in accordance with Resolution 235/XLVII on the Thirteenth Replenishment of the Fund’s Resources adopted by the Governing Council of the Fund on 14th February 2024. The Order also provides for the redemption of non-interest-bearing and non-negotiable notes by the Secretary of State pursuant to those arrangements.

An impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.

Resolution 235/XLVII is available online at: https://webapps.ifad.org/members/gc/47/docs/GC-47-Resolutions.pdf; a copy may be obtained by application to the Foreign, Commonwealth and Development Office, King Charles Street, London SW1A 2AH.