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The Caribbean Development Bank (Further Payments) Order 1997
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- UK Statutory Instruments
- 1997 No. 838
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order provides for the payment on behalf of the Government of the United Kingdom of a sum not exceeding £10,600,000 as a further contribution to the Special Development Fund of the Caribbean Development Bank in accordance with arrangements made with the Bank pursuant to the Resolution entitled “Resolution of Contributors to the Special Development Fund of the Caribbean Development Bank” adopted at the Meeting of the Contributors on 20 October 1995. The Order further provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State in payment of the further contribution. The Order also provides that any sums which may be received by the Government of the United Kingdom in pursuance of the arrangements relating to the further contribution shall be paid into the Consolidated Fund.
The provisions of the Resolution of Contributors may be obtained by application to the Overseas Development Administration, 94 Victoria Street, London SW1E 5JL.
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