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1.—(1) This Order may be cited as the International Development Association (Seventh Replenishment) Order 1985 and shall come into operation forthwith.
(2) In this Order:—
“the Association” means
“the Agreement” means
“the resolution” means
2. The Secretary of State may make payment on behalf of the Government of the United Kingdom out of money provided by Parliament of additional contributions to the Association of sums not exceeding in the aggregate £401,520,000 in accordance with arrangements made between the Government and the Association in accordance with the terms of the Resolution.
3. The Secretary of State may out of money provided by Parliament make payment of sums required to redeem any non-interest-bearing and non-negotiable notes or other obligations which may be issued or created by him and accepted by the Association in accordance with the said arrangements or any provision of the Agreement as applied by the said arrangements.
4. Any sums received by the Government from the Association in pursuance of the Agreement as applied by the said arrangements shall be paid into the Consolidated Fund.
Geoffrey Howe
One of Her Majesty's Principal Secretaries of State
17th December 1984
We approve,
Tristan Garel-Jones
Donald Thompson
Two of the Lords Commissioners of Her Majesty's Treasury
9th January 1985