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← Asian Infrastructure Investment Bank Act 2015

Asian Infrastructure Investment Bank Act 2015 s 5

s 5 Sums payable to Bank to be charged on Consolidated Fund

5.—(1) The following sums are to be charged on the Consolidated Fund:(a) all sums payable to the Bank by way of subscription to its paid‑in capital stock under paragraph 1 of Article 6; (b) all sums payable to the Bank by way of subscription to its callable capital stock as and when required by the Bank under paragraph 3 of Article 6; (c) all sums payable to the Bank by way of increase of the shares of the Bank’s capital stock subscribed by the Government under paragraphs 3 and 4 of Article 5; (d) all sums payable to the Bank under any other provisions of the Agreement. (2) All sums charged on the Consolidated Fund under this section may be paid in United States dollars or in such other currency permitted by the Agreement.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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