DON JUAN CARLOS I, KING OF SPAIN

To all who present it and understand,

Sabed: That the General Courts have approved and I come to sanction the following Law:

Article first.

Spain will participate in the second general general increase in resources of the African Development Fund, to which effect will make the corresponding additional subscriptions, in the terms set out in the Resolution nine/thousand nine hundred and seventy-eight approved by the Board of Governors of that institution, the translation of which is annexed to this Law, with the amount of ten million units of account as defined in the first article of the Agreement creation of the African Development Fund, published as an annex to the Decree-Law 1/000 nine hundred and seventy-four, of seven February.

Article 2.

The payment of the Spanish subscription will be made in three equal annual instalments, under the conditions stipulated in the aforementioned Resolution, giving the Minister of Economy, if he considers it appropriate, to avail himself of the payment as provided for in paragraph 5 (c) of that Resolution.

Third item.

The payment will be made in currency freely convertible by the Banco de España, in accordance with the powers granted to it by the current regulations.

Article 4.

The Ministry of Finance is empowered to take all measures necessary to implement the provisions of this Law.

Article 5.

This Law will enter into force the day after its publication in the "Official State Gazette".

Therefore,

I command all Spaniards, individuals and authorities, to keep and keep this Law.

Palacio Real, de Madrid, at nineteen November of a thousand nine hundred and seventy-nine.

JOHN CARLOS R.

The President of the Government,

ADOLFO SUAREZ GONZALEZ