Introductory text

Whereas it is provided in section 4(1) of the Overseas Developmentand Co-operation Act 1980 (“the Act”) ^f1 that if the Government of the United Kingdom becomesbound by an international agreement for the establishment and operationof an international development bank which provides for the making bymembers of the bank of an initial subscription or other initialcontribution to the capital stock of the bank, the Secretary of Statemay with the approval of the Treasury by order made by statutoryinstrument make provision for payment out of monies provided byParliament of sums required by him for any of the purposes specified inthat subsection;

And whereas a draft of this Order has been laid before the House ofCommons in accordance with section 4(3) of the Act and has been approvedby a resolution of that House;