Ifi Contribution Law 2015

Original Language Title: IFI-Beitragsgesetz 2015

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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.