OpenLegislation

Article 2

Original text. Later amendments are not shown.

The Secretary of State may make payment on behalf of Her Majesty's Government in the United Kingdom out of moneys provided by Parliament of an additional subscription to the Association of a sum equivalent to three million five hundred and ten thousand three hundred and twenty United States dollars in the weight and fineness in effect on 1st January 1960 and an additional contribution to the Association of a sum equivalent to three hundred and seven million five hundred and twenty nine thousand six hundred and eighty United States dollars in such weight and fineness, in accordance with the terms of the resolution and the arrangements in that behalf made between Her Majesty's said Government and the Association:

Provided that, where any payment for which provision is made in the International Development Association (Third Replenishment: Interim Payments) Order, 1971f1, has been made to the Association, the sums for which provision is made by this Article shall be reduced by the aggregate amount of the payments made pursuant to that Order.

Annotations

Footnotes

f1

(1971 III, p. 4809).