Beta
IE-2000-act-10
IE-2000-act-10 — Multilateral Investment Guarantee Agency (Amendment) Act, 2000
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Amendment of section 3 of Multilateral Investment Guarantee Agency Act, 1988.
1. — Section 3 of the Multilateral Investment Guarantee Agency Act, 1988 , is hereby amended—
( a ) 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 State, shall be made out of the Central Fund or the growing produce thereof:
( a ) payments under Articles 6,7 and 8 of the Convention in respect of subscription to the Agency,
( b ) payments under section ( e ) of Article 39 of the Convention, and
( c ) payment under Resolution 57 of the Multilateral Investment Guarantee Agency.”,
and
( b ) by the addition of the following subsection:
“(7) In this section “Resolution 57 of the Multilateral Investment Guarantee Agency” means the Resolution set out in the Schedule to the Multilateral Investment Guarantee Agency (Amendment) Act, 2000 , and, in so far as it relates to the State, the Annex attached to that Resolution.”.
Short title.
2. —This Act may be cited as the Multilateral Investment Guarantee Agency (Amendment) Act, 2000.
