LegalizeThe International Monetary Fund (Limit on Lending) Order 1997
Made: 26th June 1997
Coming into force: 27th June 1997
Now therefore, the Treasury, in exercise of the powers conferred on them by section 2(2) of the 1979 Act and of all other powers enabling them in that behalf, hereby make the following Order:
Title and Commencement
1
This Order may be cited as the International Monetary Fund (Limit on Lending) Order 1997 and shall come into force on the day after the day on which it is made.
Increase in Limit on Lending
2
The limit on lending imposed by section 2(1) of the 1979 Act is hereby raised to 2,577 million special drawings rights.
Signed
Jon Owen Jones — Graham Allen — Two of the Lords Commissioners of Her Majesty’s Treasury — 26th June 1997
Explanatory note
(This note is not part of the Order)
This Order increases the total amount which the United Kingdom can loan to the IMF from 1,700 million to 2,577 million special drawing rights.
Footnotes
[^f00001]: 1979 c. 29.
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