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United Kingdom Statutory Instruments


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URL: http://www.bailii.org/uk/legis/num_reg/2008/uksi_20082089_en_1.html

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The African Development Fund (Multilateral Debt Relief Initiative) (Amendment) Order 2008

Made

17th July 2008

Coming into force in accordance with Article 1

This Order is made in exercise of the powers conferred by section 11 of the International Development Act 2002(1) ("the Act").

In accordance with section 11(4) of the Act, the Secretary of State makes this Order 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.

Citation and commencement

1. This Order may be cited as the African Development Fund (Multilateral Debt Relief Initiative) (Amendment) Order 2008 and comes into force on the day after the day on which it is made.

Amendment to the Principal Order 2006

2. Article 3 of the African Development Fund (Multilateral Debt Relief Initiative) Order 2006(2) is amended as follows:

(a) after "on behalf of the Government" insert "and in accordance with section 11 of the International Development Act 2002";

(b) for "£79.19 million" substitute "£122.7 million".

Douglas Alexander

Secretary of State

Department for International Development

17th July 2008

We approve

Alan Campbell

Dave Watts

Two of the Lords Commissioners of Her Majesty´s Treasury

17th July 2008

EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends the African Development Fund (Multilateral Debt Relief Initiative) Order 2006 by increasing the amount that may be paid by the Secretary of State as additional contributions to the African Development Fund from £79.19 million to £122.7 million. The adjusted amount is in accordance with arrangements made with the Fund pursuant to Resolution F/BG/2006/12 adopted by the Board of Governors of the Fund on 18 May 2006.

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

The provisions of the Resolution referred to above may be obtained by application to the Department for International Development, 1 Palace Street, London SW1E 5HE.

(2)

S.I. 2006/2321 Back [2]



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