BrowseStatutory InstrumentsSI 2020/1442
SIin_forceSI 2020/1442 · order

The International Finance Corporation (General Capital Increase) Order 2020

This Order approves the payment to the International Finance Corporation (“the Corporation”) of a subscription not exceeding in the aggregate the equivalent of 261,749,000 United States Dollars to the increased authorised capital stock of the Corporation in accordance with the Resolution of the Corporation. The Order further provides that the Secretary of State may make payments to maintain the value of the subscription to the increased authorised capital stock. It also provides that the Secretary of State may make payments to redeem any non-interest-bearing and non-negotiable notes that may be issued by the Secretary of State in payment of this subscription.

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Lifecycle
Department
Made
30 Nov 2020
In force
01 Dec 2020