The Asian Development Bank (Twelfth Replenishment of the Asian Development Fund) Order 2021

This Order approves the making of payments on behalf of the Government of the United Kingdom to the Asian Development Bank of sums not exceeding £117.64 million as a contribution to the twelfth replenishment of the Asian Development Fund (the “Fund”). The payment approved by this Order will be made pursuant to Resolution No. 408 adopted by the Board of Governors of the Asian Development Bank on 27th November 2020. The Order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State pursuant to arrangements between the Government and the Bank.