Second Reading Speeches

European Bank for Reconstruction and Development Amendment Bill 2005

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
41

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Summary

Amends Article 1 of the Agreement Establishing the European Bank for Reconstruction and Development, contained in the

European Bank for Reconstruction and Development Act 1990
, to specifically provide that Mongolia be a country of operations of the Bank, thereby making it eligible to receive financing from the Bank. Also creates a regulation-making power so that any future amendments to the Agreement can be made by regulation.

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