
1 

(1) This Order may be cited as the Caribbean Development Bank (Further Payments) Order 1992 and shall come into force forthwith.
(2) In this Order—
 “the Agreement” means the Agreement establishing the Caribbean Development Bank dated 18th October 1969 and ratified by the Government of the United Kingdom on 23rd January 1970;
 “the Bank” means the Caribbean Development Bank established by the Agreement;
 “the Fund” means the Special Development Fund of the Bank established by Article 8 of the Agreement;
 “the Government” means the Government of the United Kingdom;
 “the Resolution” means the Resolution entitled “Resolution of Contributors to Special Development Fund of the Caribbean Development Bank” adopted at the meeting of Contributors on 7th May 1991.
2 
The Secretary of State may make payment on behalf of the Government out of money provided by Parliament of a further contribution to the Fund of a sum not exceeding £10,578,000 in accordance with arrangements made between the Government and the Bank in accordance with the Resolution.
3 
The Secretary of State may out of money provided by Parliament make payment in sterling 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 Bank in accordance with the Agreement or the said arrangements.
4 
Any sums received by the Government in pursuance of the said arrangements shall be paid into the Consolidated Fund.
Douglas Hurd
One of Her Majesty’s Principal Secretaries of State
12th February 1992We approve,
Irvine Patnick
Sydney Chapman
Two of the Lords Commissioners of Her Majesty’s Treasury
24th February 1992