EXPLANATORY NOTE
(This note is not part of the Order)
This Order approves the making of payments on behalf of the Government of the United Kingdom to the African Development Bank of sums not exceeding £633,090,000 as a further contribution to the resources of the African Development Fund. The payment approved by this Order will be made pursuant to Resolution No F/BG/2020/01 adopted by the Board of Governors of the African Development Bank on 14 May 2020. The Order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State pursuant to those arrangements.
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 may be obtained by application to the Department for International Development, 22 Whitehall, London SW1A 2EG.