
1 

(1) This Order may be cited as the International Bank for Reconstruction and Development (1979 General Capital Increase) Order 1983 and shall come into operation forthwith.
(2) In this Order—
 “the Agreement” means the Articles of Agreement of the International Bank for Reconstruction and Development;
 “the International Bank” means the International Bank for Reconstruction and Development established by the Agreement;
 “the Resolution” means Resolution No. 346 adopted by the Board of Governors of the International Bank on 4th January 1980.
2 
The Secretary of State may make payment on behalf of the Government of the United Kingdom out of money provided by Parliament of an additional subscription to the capital stock of the International Bank of sums not exceeding in the aggregate the equivalent of 1,467,886,680 United States dollars in accordance with arrangements made between the Government and the International Bank in accordance with the Resolution.
3 
The Secretary of State may out of money provided by Parliament 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 him and accepted by the International Bank in accordance with the Agreement or the said arrangements.
4 
Any sums received by the Government of the United Kingdom in pursuance of the Agreement or the said arrangements shall be paid into the Consolidated Fund.
Geoffrey Howe
One of Her Majesty's Principal Secretaries of State
27th July 1983We approve,
Nigel Lawson
D.J.F. Hunt
Two of the Lords Commissioners of Her Majesty's Treasury
12th August 1983