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Statutory Instruments

2009 No. 1830

International Monetary Fund

The International Monetary Fund (Limit on Lending) Order 2009

Made

8th July 2009

Coming into force in accordance with article 1(2)

This Order is made in the exercise of the powers conferred by section 2(2) of the International Monetary Fund Act 1979(1).

A draft of this Order has been laid before the House of Commons in accordance with section 2(3) of that Act and approved by a resolution of that House.

Accordingly, the Treasury make the following Order:

Citation and commencement_I1

1.—(1) This Order may be cited as the International Monetary Fund (Limit on Lending) Order 2009.

(2) This Order comes into force on the day after the day on which it is made.

Increase in limit on lending_I2

2. The limit on lending imposed by section 2(1) of the International Monetary Fund Act 1979(2) is raised to 12,470 million special drawing rights.

Revocation_I3

3. The International Monetary Fund (Limit on Lending) Order 1997(3) is revoked.

Tony Cunningham

Bob Blizzard

Two of the Lords Commissioners of Her Majesty’s Treasury

8th July 2009

(1)

(2)

Subsections (1) and (1A) were substituted for subsection (1) as originally enacted by the International Monetary Arrangements Act 1983 (c. 51), section 1. The limit on lending was raised to 2,577 million special drawing rights by S.I. 1997/1611.

(3)

S.I. 1997/1611.

In force1. Citation and commencement

In force2. Increase in limit on lending

In force3. Revocation

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Status: There are outstanding changes not yet made by the editorial team to The International Monetary Fund (Limit on Lending) Order 2009. Any changes that have already been made by the team appear in the content and are referenced with annotations.

The International Monetary Fund (Limit on Lending) Order 2009 (2009/1830)

Version from: [subject to the status notice] 9 July 2009

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_dfn	Defined term (alternative style)
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Contains public sector information licensed under the Open Government Licence v3.0.