{"id":"C2004A04558","name":"International Development Association (Further Payment) Act 1993","slug":"international-development-association-further-payment-act-1993","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"3 of 1993","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":26855,"registerId":"commonwealth-C2004A04558-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"International Development Association (Further Payment) Act 1993","content":"![](image.001.png)\n\nInternational Development Association (Further Payment) Act 1993\n\nNo. 3 of 1993\n\n![](image.003.png)![](image.002.png)An Act to authorise a further contribution by Australia to the International Development Association\n\n\\[Assented to 27 May 1993\\]\n\nThe Parliament of Australia enacts:\n\nShort title\n\n1. This Act may be cited as the International Development Association (Further Payment) Act 1993.\n\nCommencement\n\n2. This Act commences on the day on which it receives the Royal Assent.\n\nInterpretation\n\n3. In this Act, expressions have the same meanings as they have in the International Development Association Act 1960.\n\nContribution to Association\n\n4\\. The Minister may, on behalf of Australia, notify the Association that Australia intends to contribute to the Association amounts not exceeding in the aggregate $350,000,000.\n\nIssue of promissory notes\n\n5.(1) For the purposes of the payment of the contribution, the Treasurer may, on behalf of Australia, execute and issue promissory notes to the Association.\n\n(2) A promissory note:\n\n(a) must be payable to the Association; and\n\n(b) must be non-negotiable and non-interest-bearing; and\n\n(c) must be payable at its par value on demand.\n\nAppropriation\n\n6\\. The money necessary for the purposes of the payment of the contribution, including payment under a promissory note issued under section 5, is to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.\n\n![](image.004.png)\\[Minister’s second reading speech made in—\n\nHouse of Representatives on 5 May 1993\n\nSenate on 18 May 1993\\]","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1792},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The legislation remains tightly focused on its stated purpose of authorising a specific financial contribution to the International Development Association, with no expansion beyond this core monetary function."},"complexity_factors":["Only 6 short sections with minimal subsections","Single cross-reference to the International Development Association Act 1960 for definitions","No conditional logic, exceptions, or regulatory powers","Straightforward one-time appropriation mechanism from the Consolidated Revenue Fund"],"plain_english_summary":"This Act authorises the Australian Government to give up to **$350 million** to the International Development Association (IDA)—the part of the World Bank that provides low-interest loans and grants to the world's poorest countries.\n\n**What it does:**\n*   Lets the Minister notify the IDA that Australia will make the contribution\n*   Allows the Treasurer to issue promissory notes (essentially government IOUs) to pay the money\n*   Takes the money from the Consolidated Revenue Fund (the government's main bank account)\n\n**Key details:**\n*   The notes must be non-negotiable (can't be sold to someone else) and non-interest-bearing\n*   The notes are payable immediately when the IDA asks for them\n*   The Act borrows definitions from the International Development Association Act 1960"}},"importantCases":[],"_links":{"self":"/api/acts/international-development-association-further-payment-act-1993","history":"/api/acts/international-development-association-further-payment-act-1993/history","analysis":"/api/acts/international-development-association-further-payment-act-1993/analysis","conflicts":"/api/acts/international-development-association-further-payment-act-1993/conflicts","importantCases":"/api/acts/international-development-association-further-payment-act-1993/important-cases","documents":"/api/acts/international-development-association-further-payment-act-1993/documents"}}