The International Development Association (Eleventh Replenishment) Order 1998

Explanatory Note

(This note is not part of the Order)

The Overseas Development and Co-operation Act 1980, section 6(2), provides that if the Government of the United Kingdom becomes bound by arrangements for the making of additional payments to the International Development Association, the Secretary of State may, with the approval of the Treasury, provide by order for the payment out of money provided by Parliament of any sums required by her for any of the purposes specified in that subsection.

This Order provides for the payment to the International Development Association of sums not exceeding £299,150,000 as an additional contribution to the resources of the Association, and for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State in respect of the payment of those additional contributions. The Order further provides that certain sums which may be received by the Government of the United Kingdom from the Association shall be paid into the Consolidated Fund.

The provisions of the Resolution of the Association pursuant to which the additional payments are to be made may be obtained by application to the Department for International Development, 94 Victoria Street, London, SW1E 5JL.