The Asian Development Bank (Thirteenth Replenishment of the Asian Development Fund) Order 2025
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Change 1
3 Relevant Payments
The Minister may, on behalf of the Government, and in accordance with section 11 of the International Development Act 2002— (a) make a payment of a further contribution to the Fund not exceeding £120 million in accordance with arrangements made between the Government and the Bank in accordance with the Resolution; and (b) 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 the Secretary of State and accepted by the Fund pursuant to arrangements mentioned in paragraph (a).
3 Relevant Payments
The Minister may, on behalf of the Government, and in accordance with section 11 of the International Development Act 2002— (a) make a payment of a further contribution to the Fund not exceeding £120 million in accordance with arrangements made between the Government and the Bank in accordance with the Resolution; and (b) 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 the Secretary of State and accepted by the Fund pursuant to arrangements mentioned in paragraph (a).
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