- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Caribbean Development Bank (Sixth Replenishment of the Unified Special Development Fund) Order 2006 No. 2325
3. The Secretary of State may, on behalf of the Government, out of money provided by Parliament—
(a)make payment of a further contribution to the Fund not exceeding £23,492,000 in accordance with arrangements made between the Government and the Bank in accordance with the Resolution; and
(b)make payment of sums required to redeem any non-interest-bearing and non-negotiable notes or other obligations which may be issued or created by him and accepted by the Bank pursuant to the arrangements mentioned in paragraph (a) above.
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