The African Development Fund (Multilateral Debt Relief Initiative) (Amendment) Order 2023

Made: 28th November 2023

Coming into force: 29th November 2023

Accordingly, the Secretary of State makes the following Order.

Citation and commencement

1

This Order may be cited as the African Development Fund (Multilateral Debt Relief Initiative) (Amendment) Order 2023 and comes into force on the day after the day on which it is made.

Amendment to the 2006 Order

2

In article 3 of the African Development Fund (Multilateral Debt Relief Initiative) Order 2006 for “£395.45 million” substitute “£451.87 million”[^f00002].

Signed

Andrew Mitchell

Minister of State — Foreign, Commonwealth and Development Office

23rd November 2023

We approve,

Scott Mann

Stuart Anderson — Two of the Lords Commissioners of His Majesty’s Treasury

28th November 2023

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

This Order amends the African Development Fund (Multilateral Debt Relief Initiative) Order 2006[^f00003] by increasing the amount that may be paid by the Secretary of State as additional contributions to the African Development Fund from £395.45 million to £451.87 million. The adjusted amount is in accordance with arrangements made with the Fund pursuant to Resolution F/BG/2006/12 adopted by the Board of Governors of the Fund on 18th May 2006.

An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

The provisions of Resolution F/BG/2006/12 may be obtained by application to the Foreign, Commonwealth and Development Office, King Charles Street, London SW1A 2AH.

Footnotes

[^f00001]: 2002 c. 1. Section 11(3) and (4) were amended by S.I. 2017/1283.

[^f00002]: S.I. 2006/2321. The figure of £395.45 million in article 3 of the 2006 Order was substituted by article 2 of S.I. 2020/1428.

[^f00003]: S.I. 2006/2321.