Statutory Instruments
2023 No. 73
International Development
The International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2023
Made
24th January 2023
Coming into force
25th January 2023
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 the 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 makes the following Order:
Citation and commencement
1. This Order may be cited as the International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2023 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 “£2,716.49 million” substitute “£2,835.97 million” ( 2 ).
Andrew Mitchell
Minister of State
Foreign, Commonwealth and Development Office
18th January 2023
We approve,
Nigel Huddleston
Steve Double
Two of the Lords Commissioners of His Majesty’s Treasury
24th January 2023
2002 c. 1 . Section 11(3) and (4) was amended by S.I. 2017/1283 .
S.I. 2006/2323 . The figure of £2,716.49 million in article 3 of the 2006 Order was substituted by article 2 of the International Development Association (Multilateral Debt Relief Initiative) (Amendment) Order 2020 ( S.I. 2020/1440 ).