Statutory Instruments
2000 No. 2087
EXPORT AND INVESTMENT GUARANTEES
The Export and Investment Guarantees (Limit on Foreign Currency Commitments) Order 2000
Made
27th July 2000
Coming into force
28th July 2000
The Secretary of State, in exercise of the powers conferred on him by section 6(4)(a) of the Export and Investment Guarantees Act 1991( 1 ) and of all other powers enabling him in that behalf and with the consent of the Treasury hereby makes the following Order, a draft of which has been laid before and approved by resolution of the House of Commons:
Citation and commencement
1. This Order may be cited as the Export and Investment Guarantees (Limit on Foreign Currency Commitments) Order 2000 and shall come into force on the day after the day on which it is made.
Increase of Foreign Currency Commitment Limit
2. The limit in section 6(1)(b) of the Export and Investment Guarantees Act 1991 is hereby increased to 30,000 million special drawing rights.
Signed by authority of the Secretary of State
Richard Caborn,
Minister for Trade,
Department of Trade and Industry
21st July 2000
We consent to the making of this Order
Jim Dowd,
Bob Ainsworth,
Two of the Lords Commissioners of Her Majesty’s Treasury
27th July 2000