Ifi Contribution Law 2015

Original Language Title: IFI-Beitragsgesetz 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

145. Federal Law on Austrian Contributions to International Financial Institutions (IFI-Contribution Act 2015)

The National Council has decided:

§ 1. The federal government is participating in the tenth repleniation of the funds of the International Fund for Agricultural Development with 16 million EUR (IFAD-10).

§ 2. The Federal Government takes over 542 additional capital shares in the amount of US$ 16 178.6 in the framework of the second general capital increase of the Inter-American Investment Company (IIC-KE).

§ 3. The Federal Minister of Finance shall draw up a report on the activities and results of the international financial institution referred to in § 1 at the middle or at the end of the implementation period. This report shall be forwarded to the National Council for information.

§ 4. The Federal Minister of Finance is responsible for the enforcement of this federal law.

Fischer

Faymann