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The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011
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Statutory Instruments
2011 No. 1336
International Development
The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011
Made
at 12.00 p.m. on 25th May 2011
Coming into force in accordance with article 1
The Treasury make the following Order in exercise of the power conferred by section 9(3) of the Debt Relief (Developing Countries) Act 2010(1).
A draft of this Order has been laid before, and approved by resolution of, each House of Parliament in accordance with section 9(5) of that Act.
Citation and commencement
1. This Order may be cited as the Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011 and comes into force on the day after the day on which it is made.
Permanent effect
2. The Debt Relief (Developing Countries) Act 2010 is to have permanent effect.
Jeremy Wright
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
12.00 p.m. on 25th May 2011
EXPLANATORY NOTE
(This note is not part of the Order)
The Debt Relief (Developing Countries) Act 2010 (c. 22) (“the Act”) limits the amount of money that commercial creditors can recover from certain developing countries. This Order gives permanent effect to the Act.
An impact assessment has not been produced for this Order as no additional impact on the costs of business or the voluntary sector is foreseen.
(1)
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