Approve Is The Convention Establishing And The Agreement Of Management Of The Fund Multilateral Of Investments Ii, Signed In The City Of Okinawa, Japan.

Original Language Title: Apruébase el Convenio Constitutivo y el Convenio de Administración del Fondo Multilateral de Inversiones II, firmado en la Ciudad de Okinawa, Japón.

Read the untranslated law here: https://www.boletinoficial.gob.ar/#!DetalleNorma/10045662/20160703

AGREEMENTS agreements Law 26.709 adopted the articles of agreement and the management agreement of the Fund Multilateral Investment II, signed in the city of Okinawa, Japan. Sanctioned: November 30, 2011 fact promulgated: December 27, 2011 the Senate and Chamber of deputies of the Argentina nation gathered in Congress, etc. they attest to the force of law: article 1 - approval of the accession of the Republic of ARGENTINA to the MULTILATERAL investments II Fund (MIF II) of the Inter-American Development Bank (IDB).
Article 2º - approved articles of agreement and management agreement of the MULTILATERAL Fund of investments II (MIF II) given in the city of Okinawa - Japan - April 9, 2005, as well as its complementary documentation, whose texts are an integral part of this action as annex I.
Article 3º - the Ministry of economy and finance public through Mr Secretary of economic policy will subscribe in the name and on behalf of the national Government the unconditional contributions to the MULTILATERAL investments II Fund (MIF II) assigned to the Republic of ARGENTINA for an amount equivalent to dollars Americans eight million three hundred and thirty-one thousand (U$ S 8.331.000).
Article 4. - payment in cash equivalent to dollars Americans eight million three hundred and thirty-one thousand (U$ S 8.331.000), shall be made according to the provisions of article II, section 1 (b) of the articles of agreement of the MULTILATERAL Fund of investments II (MIF II).
Article 5º - by contribution in cash, the BANCO CENTRAL DE LA REPUBLICA ARGENTINA will issue the order of the Inter-American Development Bank (IDB) securities not without interest, payable at the sight, which will be delivered to the body instead of the contribution in cash, in accordance with the terms of article II, section 2, of the Convention establishing the MULTILATERAL Fund of investments II (MIF II).
Article 6º - empowered to the Ministry of economy and public finances, through the Secretary of economic policy, to carry out operations provided for in article III, section 2 of the articles of agreement of the MULTILATERAL Fund of investments II (MIF II) for the purposes of ensuring compliance with the objectives set out in article I of this Convention.
https://www.boletinoficial.gob.ar/pdf/linkQR/SFpyOGVaNisvYmRycmZ0RFhoUThyQT09 article 7 °-authorize is to the Governor and to the Governor alternate of the Republic ARGENTINA before the Bank Inter-American of development (IDB) or to the person that them same designate to carry to out all them actions necessary aimed to the acceptance from the Republic ARGENTINA of the Convention establishing of the Fund MULTILATERAL of investments II (MIF II) , in accordance with the terms of article II, section 1 (a) and article VI, section 1.
Article 8º - in order to cope with emerging commitments of this action, the Ministry of Finance of the Ministry of economy and public finances will include such dispensing law projects of General budget of expenditure and resources of the national administration in relevant exercises.
Article 9º - communicate to the Executive branch. GIVEN IN THE ASSEMBLY HALL OF THE ARGENTINE CONGRESS, IN BUENOS AIRES, ON 30 NOVEMBER OF THE YEAR TWO THOUSAND ELEVEN. -REGISTERED UNDER NO. 26.709 - EDUARDO A. FELLNER. -JUAN C. MARINO. -Enrique Hidalgo. -John H. Estrada.
Note: the annex not be published. The documentation not posted can be consulted in the headquarters Central of this address national (Suipacha 767-city autonomous of Buenos Aires) and in www.boletinoficial.gob.ar date of publication: 30 / 12 / 2011 https://www.boletinoficial.gob.ar/pdf/linkQR/SFpyOGVaNisvYmRycmZ0RFhoUThyQT09