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African Development Bank Bill 2013

2010-2011-2012-2013

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

African Development Bank Bill 2013

 

No.      , 2013

 

(Treasury)

 

 

 

A Bill for an Act relating to Australia’s participation in the African Development Bank and the African Development Fund, and for related purposes

   

   

   



Contents

Part 1—Preliminary                                                                                                              1

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Definitions.......................................................................................... 2

Part 2—African Development Bank                                                                           3

4............ Arrangement for initial subscription to shares in the Bank.................. 3

Part 3—African Development Fund                                                                           4

5............ Arrangement for subscription to the Fund.......................................... 4

Part 4—Issue of securities                                                                                                  5

6............ Issue of securities for payments to the Bank or the Fund.................... 5

Part 5—Miscellaneous                                                                                                          6

7............ Act does not limit executive power..................................................... 6

8............ Rules................................................................................................... 6

 



A Bill for an Act relating to Australia’s participation in the African Development Bank and the African Development Fund, and for related purposes

The Parliament of Australia enacts: