International Development Association (Additional Contribution)

No. 45 of 1968

An Act to approve the payment by Australia of a Further Contribution to the International Development Association.

[Assented to 19 June 1968]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1.  This Act may be cited as the International Development Association (Additional Contribution) Act 1968.

Commencement.

2.  This Act shall come into operation on the day on which it receives the Royal Assent.

Approval of payment of farther contribution.

3.  The approval of the Parliament is hereby given to the payment by Australia to the International Development Association of a further contribution not exceeding a sum equivalent to Twenty-four million United States dollars.

Appropriation.

4.  Any payment under the last preceding section shall be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

Issue of securities.

5.  Section 6 of the International Development Association Act 1960 applies to any payment under this Act as it applies to payments under that Act.