The European Bank for Reconstruction and Development (Further Payments to Capital Stock) Order 2024
This Order gives the Secretary of State and the Treasury power to make payments of a further 343,600,000 euros to the European Bank for Reconstruction and Development (“the Bank”) for the purchase of further capital stock in the Bank. The payment will be made pursuant to arrangements made between the United Kingdom Government and the Bank in accordance with Resolution No. 265 adopted by the Board of Governors of the Bank on 15th December 2023. A copy of Resolution No. 265 is available on the Bank’s website (www.ebrd.com/capital-increase-resolution.pdf) and may also be obtained by application to the Treasury at 1 Horse Guards Road, London, SW1A 2HQ.