The Act Commentary on Sections Section 2: Assistance in connection with exports of goods or services
16.Section 2(1) replaces section 1(1) of the EIGA. The new subsection (1) allows ECGD to make arrangements for providing financial facilities or assistance in connection with exports. Subsection (1A) expressly provides that the arrangements may be in connection with exports that have been made, are to be made or may be made.
17.Section 2(2) is a transitional provision which provides that arrangements may be made in connection with exports that take place before the amended provisions come into force.