Federal Law On Austria's Participation In The Financing Of Loans Of The International Monetary Fund On The Poorest Developing Countries, As Well As Amendment Of The Federal Law About Di...

Original Language Title: Bundesgesetz über die Beteiligung Österreichs an der Finanzierung der Kreditvergabe des Internationalen Währungsfonds an die ärmsten Entwicklungsländer sowie Änderung des Bundesgesetzes über di...

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71. Federal law, which enacted a federal law on Austria's participation in the financing of loans of the International Monetary Fund to the poorest developing countries and the Federal Act on the performance of an Austrian contribution to the HIPC Trust Fund for Liberia's debt relief changed

The National Council has decided:

Article 1

Federal law on Austria's participation in the financing of loans of the International Monetary Fund to the poorest developing countries

1. (1) authorises the Oesterreichische Nationalbank for the Republic of Austria with a contribution of 3.9 million SDRs which by the Board of Executive Directors (Executive Board) of the International Monetary Fund on July 23, 2009 approved reform of the lending to the poorest developing countries to participate in.

(2) the funds provided by the Austrian National Bank.

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

Article 2

Amendment of the Federal law on the performance of an Austrian contribution to the HIPC Trust Fund for Liberia's debt relief

The Federal Act on the performance of an Austrian contribution to the HIPC Trust Fund for debt relief of Liberia, Federal Law Gazette I no. 23/2009 is amended as follows:

1. the title of the law is:

"Federal law on the performance of an Austrian contribution to the PRG-HIPC Trust for Liberia's debt relief"

2. paragraph 1:

„§ 1. The Austrian National Bank is authorised to transfer an amount of 4.8 million special drawing rights for the Republic of Austria, in the course of debt relief for Liberia on the Trust Fund for heavily indebted poor countries (PRG-HIPC Trust) established at the International Monetary Fund."

3. the following paragraph 3 is added:

 

 

„§ 3. The title of the Act and of section 1 in the version of Federal Law Gazette I 71/2010 contact no. 26 March 2009 in force."

Fischer

Faymann

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