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The International Fund for Agricultural Development (Initial Contribution) Order 1977
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- 1977 No. 1381
- Article 2
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2. The Minister may, on behalf of Her Majesty's Government in the United Kingdom, out of moneys provided by Parliament—
(a)make payment of an initial contribution to the initial resources of the Fund of sum of eighteen million pounds sterling (£18,000,000) in accordance with section 2 of Article 4 of the Agreement;
(b)make payment of sums required to redeem any non-interest-bearing non-negotiable notes or other obligations which may be issued or created by the Minister and accepted by the Fund in accordance with paragraph (c) of section 5 of Article 4 of the Agreement in place of any amount due in cash from Her Majesty's Government by way of initial contribution to the Fund.
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