International Development Association (Amendment) Act, 1980
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Amendment of section 3 of International Development Association Act, 1960. |
1.— Section 3 of the International Development Association Act, 1960 , is hereby amended by the substitution for subsection (2) of the following subsection: | |
“(2) The following payments, as and when they become appropriate to be made on behalf of the Government, shall be made out of the Central Fund or the growing produce thereof: | ||
(a) payments under subsections (a) to (d) of Section 2 of Article II of the Agreement, | ||
(b) payments under Section 1 of Article III of the Agreement, | ||
(c) payments under paragraph (a) of Section 2 of Article IV of the Agreement, | ||
(d) payments to the Association not exceeding in aggregate the equivalent in Irish currency of 4 million United States dollars of the weight and fineness in effect on the 1st day of January, 1960, in accordance with any | ||
arrangements made between the Government and the Association arising out of any Resolution of the Board of Governors of the Association on additional financial resources, | ||
(e) payments to the Association not exceeding in aggregate £3,100,070, in accordance with any arrangements made between the Government and the Association arising out of any Resolution of the Board of Governors of the Association on additional financial resources, | ||
(f) payments to the Association not exceeding in aggregate £5,819,705, in accordance with any arrangements made between the Government and the Association arising out of any Resolution of the Board of Governors of the Association on additional financial resources, | ||
(g) payments to the Association not exceeding in aggregate £6,230,000, in accordance with any arrangements made between the Government and the Association arising out of any Resolution of the Board of Governors of the Association on additional financial resources, | ||
(h) payments under subparagraph (i) of paragraph (c) of Section 4 of Article VII of the Agreement.”. |