Statutory Instruments
2017 No. 1195
International Development
The International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2017
Made
28th November 2017
Coming into force in accordance with Article 1
This Order is made in exercise of the powers conferred by section 11 of the International Development Act 2002( 1 ) (“the Act).
The International Development Association referred to in this Order comes within the definition, in section 11(2) of the Act, of a “multilateral development bank”.
In accordance with section 11(4) of the Act, this Order is made with the approval of Treasury. In accordance with section 11(5) of the Act, a draft of this Order has been laid before the House of Commons and approved by resolution of that House.
Accordingly, the Secretary of State for International Development makes the following Order:
Citation and commencement
1. This Order may be cited as the International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2017 and comes into force on the day after the day on which it is made.
Amendment to the 2006 Order
2. In Article 3 of the International Development Association (Multilateral Debt Relief Initiative) Order 2006 for “£1,691.71 million” substitute “£2,154.17 million”( 2 ).
Penny Mordaunt
One of Her Majesty’s Principal Secretaries of State
28th November 2017
We approve,
Mark Spencer
Andrew Griffiths
Two of the Lords Commissioners of Her Majesty’s Treasury
28th November 2017
2002 c.1 .
S.I. 2006/2323 . The figure of £1,691.71 million in article 3 of the 2006 Order was substituted by article 2 of the International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2014 ( S.I.2014/3056 ).