Commonwealth act

International Development Association (Additional Contribution) Act 1963

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

66 of 1963

Collection

act

Plain English Summary

1/10 complexity

This law authorises the Australian Government to make an additional contribution of up to US$19.8 million to the International Development Association, funding it from the Consolidated Revenue Fund. It applies existing mechanics from the International Development Association Act 1960 for issuing securities to effect the payment. It matters because Parliament is formally permitting and appropriating funds for this specific international aid payment.

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Current sections

Direct links to the current provisions in International Development Association (Additional Contribution) Act 1963.

International Development Association (Additional Contribution) Act 1963

INTERNATIONAL DEVELOPMENT ASSOCIATION (ADDITIONAL CONTRIBUTION).

No. 66 of 1963.

An Act to approve the payment by Australia of an Additional Contribution to the International Development Association.

[Assented to 30th October, 1963.]

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.

This Act may be cited as the International Development Association (Additional Contribution) Act 1963.

Commencement.

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

Approval of payment of additional contribution.

The approval of the Parliament is hereby given to the payment by Australia to the International Development Association of an additional contribution not exceeding a sum equivalent to Nineteen million eight hundred thousand United States dollars.

Appropriation.

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

Issue of securities.

Section six of the International Development Association Act 1960 applies to any payment under section three of this Act as it applies to payments under that Act.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 International Development Association (Additional Contribution) Act 1963