# The International Development Association (Eighth Replenishment) Order 1988, Note: Explanatory note


(This note is not part of the Order)
The Overseas Development and Co-operation Act 1980, section 6(2), provides that if the Government of the United Kingdom becomes bound by arrangements for the making of additional payments to the International Development Association, the Secretary of State may, with the approval of the Treasury, provide by order for the payment out of money provided by Parliament of any sums required by him for any of the purposes specified in that subsection.
This Order provides for the payment to the Association of sums not exceeding £524,160,000 as an additional contribution to the resources of the Association, and for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State in payment of those additional contributions. The Order further provides that certain sums which may be received by the Government of the United Kingdom from the Association shall be paid into the Consolidated Fund.

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Source: https://www.legislation.gov.uk/uksi/1988/750/note (the official version)
Page: https://openlegislation.uk/international-development-association-eighth-replenishment-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.