Ifi Contribution Law 2015

Original Language Title: IFI-Beitragsgesetz 2015

Read the untranslated law here: https://www.global-regulation.com/law/austria/2995972/ifi-beitragsgesetz-2015.html

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145. Federal law on Austrian contributions to international financial institutions (IFIs contribution law 2015)

The National Council has decided:

§ 1. The Federal Government participates to the tenth replenishment of funds of the International Fund for agricultural development (IFAD-10) of EUR 16 million.

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

§ 3. The Federal Minister of Finance has to prepare a report on the activities and results of the international financial institution referred to in paragraph 1 to the middle or at the end of the implementation period. This report is to provide the National Council for information.

§ 4. The Federal Minister of finance is entrusted with the execution of this Federal Act.

Fischer

Faymann