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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011 No. 1336 URL: http://www.bailii.org/uk/legis/num_reg/2011/uksi_20111336_en_1.html |
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Statutory Instruments
International Development
Made
at 12.00 p.m. on 25th May 2011
Coming into force in accordance with article 1
The Treasury make the following Order in exercise of the power conferred by section 9(3) of the Debt Relief (Developing Countries) Act 2010(1).
A draft of this Order has been laid before, and approved by resolution of, each House of Parliament in accordance with section 9(5) of that Act.
1. This Order may be cited as the Debt Relief (Developing Countries) Act 2010 (Permanent Effect) Order 2011 and comes into force on the day after the day on which it is made.
2. The Debt Relief (Developing Countries) Act 2010 is to have permanent effect.
Jeremy Wright
Angela Watkinson
Two of the Lords Commissioners of Her Majesty's Treasury
12.00 p.m. on 25th May 2011
(This note is not part of the Order)
The Debt Relief (Developing Countries) Act 2010 (c. 22) ("the Act") limits the amount of money that commercial creditors can recover from certain developing countries. This Order gives permanent effect to the Act.
An impact assessment has not been produced for this Order as no additional impact on the costs of business or the voluntary sector is foreseen.