2011 No. 1336

International Development

The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011

Made

Coming into force in accordance with article 1

The Treasury make the following Order in exercise of the power conferred by section 9(3) of the Debt Relief (Developing Countries) Act 20101.

A draft of this Order has been laid before, and approved by resolution of, each House of Parliament in accordance with section 9(5) of that Act.

Citation and commencement1

This Order may be cited as the Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011 and comes into force on the day after the day on which it is made.

Permanent effect2

The Debt Relief (Developing Countries) Act 2010 is to have permanent effect.

Jeremy WrightAngela WatkinsonTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE

(This note is not part of the Order)

The Debt Relief (Developing Countries) Act 2010 (c. 22) (“the Act”) limits the amount of money that commercial creditors can recover from certain developing countries. This Order gives permanent effect to the Act.

An impact assessment has not been produced for this Order as no additional impact on the costs of business or the voluntary sector is foreseen.