# The International Monetary Fund (Limit on Lending) Order 2009

Draft 2009, ISBN 9780111480113

This Order increases the total amount that the United Kingdom can loan the International Monetary Fund from 2,577 million to 12,470 million special drawing rights.

Made under: International Monetary Fund Act 1979 (Section 2)

PDFs: Printed copy https://openlegislation.uk/draft-international-monetary-fund-limit-on-lending-order-2009/pdf/ukdsi_9780111480113_en.pdf; Explanatory Memorandum https://openlegislation.uk/draft-international-monetary-fund-limit-on-lending-order-2009/pdf/ukdsiem_9780111480113_en.pdf

## Introductory text

Draft Order laid before the House of Commons under section 2(3) of the International Monetary Fund Act 1979, for approval by resolution of that House.
International Monetary Fund
Made ***
Coming into force in accordance with article 1(2)
This Order is made in the exercise of the powers conferred by section 2(2) of the International Monetary Fund Act 1979.
A draft of this Order has been laid before the House of Commons in accordance with section 2(3) of that Act and approved by a resolution of that House.
Accordingly, the Treasury make the following Order:

## 1 Citation and commencement

(1) This Order may be cited as the International Monetary Fund (Limit on Lending) Order 2009.
(2) This Order comes into force on the day after the day on which it is made.

## 2 Increase in limit on lending

The limit on lending imposed by section 2(1) of the International Monetary Fund Act 1979 is raised to 12,470 million special drawing rights.

## 3 Revocation

The International Monetary Fund (Limit on Lending) Order 1997 is revoked.

## Signature

xx
xx
Two of the Lords Commissioners of Her Majesty’s Treasury
Date

## Explanatory note

(This note is not part of the Order)
This Order increases the total amount that the United Kingdom can loan the International Monetary Fund from 2,577 million to 12,470 million special drawing rights.
The limit was previously increased to 2,577 million special drawing rights by the International Monetary Fund (Limit on Lending) Order 1997 (S.I. 1997/1611), which is revoked by this Order.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111480113 (the official version)
Page: https://openlegislation.uk/draft-international-monetary-fund-limit-on-lending-order-2009
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.