International Development Association (Amendment) Act 2022

Status:

Published in Acts Supplement
on 14 Dec 2022

REPUBLIC OF SINGAPORE

GOVERNMENT GAZETTE

ACTS SUPPLEMENT

Published by Authority

NO. 35]

Friday, December 16

[2022

The following Act was passed by Parliament on 20 October 2022 and assented to by the President on 24 November 2022:—

International Development Association
(Amendment) Act 2022

(No. 34 of 2022)

I assent.

HALIMAH YACOB,

President.

24 November 2022.

Date of Commencement: 23 December 2022

An Act to amend the International Development Association Act 2002.

Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:

Short title and commencement

1. This Act is the International Development Association (Amendment) Act 2022 and comes into operation on a date that the Minister appoints by notification in the Gazette.

Amendment of section 4

2. Section 4 of the International Development Association Act 2002 is amended —

(a)

by deleting the words “and other contributions” in subsection (1);

(b)

by deleting the word “The” in subsection (2) and substituting the words “Subject to subsection (3), the”;

(c)

by inserting, immediately after subsection (2), the following subsection:

“(3) Any additional subscription made on any occasion on behalf of the Government to the Association by reason of Singapore’s membership of the Association under the Agreement and the membership resolution must be authorised by, and must not exceed the maximum amount specified in, a resolution of Parliament for that occasion.”; and

(d)

by deleting the words “and contributions” in the section heading.

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