- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The African Development Bank (Fourteenth Replenishment of the African Development Fund) Order 2017 No. 1191
3. The Secretary of State may, on behalf of the Government—
(a)make payment of a further contribution to the Fund not exceeding £460,100,000 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 the Secretary of State and accepted by the Fund pursuant to the arrangements mentioned in paragraph (a),
in accordance with section 11 of the International Development Act 2002.
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