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This is a Bill, not an Act. For current law, see the Acts databases.
2019
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Official Development Assistance
Multilateral Replenishment Obligations
(Special Appropriation) Bill 2019
No. , 2019
(Foreign Affairs and Trade)
A Bill for an Act to appropriate money out of the
Consolidated Revenue Fund for expenditure in
relation to Australia's official development
assistance multilateral replenishment obligations,
and for related purposes
No. , 2019
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
i
Contents
1
Short title ........................................................................................... 1
2
Commencement ................................................................................. 2
3
Definitions ......................................................................................... 2
4
Payments required to be made ........................................................... 3
5
Issue of promissory notes .................................................................. 5
6
Appropriation .................................................................................... 5
No. , 2019
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
1
A Bill for an Act to appropriate money out of the
1
Consolidated Revenue Fund for expenditure in
2
relation to Australia's official development
3
assistance multilateral replenishment obligations,
4
and for related purposes
5
The Parliament of Australia enacts:
6
1 Short title
7
This Act is the
Official Development Assistance Multilateral
8
Replenishment Obligations (Special Appropriation) Act 2019
.
9
Section 2
2
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
No. , 2019
2 Commencement
1
(1) Each provision of this Act specified in column 1 of the table
2
commences, or is taken to have commenced, in accordance with
3
column 2 of the table. Any other statement in column 2 has effect
4
according to its terms.
5
6
Commencement information
Column 1
Column 2
Column 3
Provisions
Commencement
Date/Details
1. The whole of
this Act
The day this Act receives the Royal Assent.
Note:
This table relates only to the provisions of this Act as originally
7
enacted. It will not be amended to deal with any later amendments of
8
this Act.
9
(2) Any information in column 3 of the table is not part of this Act.
10
Information may be inserted in this column, or information in it
11
may be edited, in any published version of this Act.
12
3 Definitions
13
In this Act:
14
Asian Development Bank
means the Bank referred to in the
Asian
15
Development Bank Act 1966
.
16
Debt Relief Trust Fund
means the Trust Fund established by the
17
International Bank for Reconstruction and Development and the
18
International Development Association on 7 November 1996.
19
Global Environment Facility Trust Fund
means the Global
20
Environment Facility Trust Fund established by the Instrument for
21
the Establishment of the Restructured Global Environment Facility,
22
done at Geneva on 7 July 1994, as in force from time to time.
23
Note:
The Instrument for the Establishment of the Restructured Global
24
Environment Facility could in 2019 be viewed on the Global
25
Environment Facility's website (www.thegef.org).
26
Section 4
No. , 2019
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
3
International Bank for Reconstruction and Development
means
1
the Bank referred to in the
International Monetary Agreements Act
2
1947
.
3
International Development Association
means the Association
4
referred to in the
International Development Association Act 1960
.
5
Montreal Protocol
means the Montreal Protocol on Substances
6
that Deplete the Ozone Layer, done at Montreal on 16 September
7
1987, as in force for Australia from time to time.
8
Note:
The Montreal Protocol, as originally in force for Australia, is in
9
Australian Treaty Series 1989 No. 18 ([1989] ATS 18) and could in
10
2019 be viewed in the Australian Treaties Library on the AustLII
11
website (www.austlii.edu.au).
12
Multilateral Fund for the Implementation of the Montreal
13
Protocol
means the Multilateral Fund established by the
14
Amendment to the Montreal Protocol adopted by Decision II/2 of
15
the Second Meeting of the Parties to the Montreal Protocol at
16
London on 29 June 1990.
17
Note:
The Amendment to the Montreal Protocol could in 2019 be viewed on
18
the United Nations website (www.un.org).
19
payment
includes payment in a foreign currency.
20
4 Payments required to be made
21
Australia may make any payment to an international body
22
specified in column 1 of an item in the following table if Australia
23
is required to make that payment in accordance with the agreement
24
specified in column 2 of the item.
25
26
Item
Column 1
International body
Column 2
Agreement
1
International Development
Association
An Instrument of Commitment or
any other written agreement
submitted by Australia to the
International Development
Association that relates to the
Section 4
4
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
No. , 2019
Item
Column 1
International body
Column 2
Agreement
making of contributions to the
International Development
Association for the purposes of one
or more of the following:
(a) replenishing the resources of the
International Development
Association;
(b) the Heavily Indebted Poor
Countries Initiative;
(c) the Multilateral Debt Relief
Initiative.
2
Debt Relief Trust Fund
A Contribution Agreement entered
into between Australia and the
International Development
Association, or any other written
agreement submitted by Australia to
the International Development
Association, that relates to the
making of contributions to the Debt
Relief Trust Fund for the purposes
of the Heavily Indebted Poor
Countries Initiative or the
Multilateral Debt Relief Initiative.
3
Asian Development Bank
An Instrument of Contribution or
other written agreement submitted
by Australia to the Asian
Development Bank that relates to
the making of contributions for the
purposes of the Asian Development
Fund.
4
International Bank for
Reconstruction and Development
An Instrument of Commitment or
other written agreement submitted
by Australia to the International
Bank for Reconstruction and
Development that relates to the
making of contributions to the
Global Environment Facility Trust
Section 5
No. , 2019
Official Development Assistance Multilateral Replenishment
Obligations (Special Appropriation) Bill 2019
5
Item
Column 1
International body
Column 2
Agreement
Fund.
5
Multilateral Fund for the
Implementation of the Montreal
Protocol
A Contribution Agreement
submitted by Australia to the
Executive Committee of the
Multilateral Fund for the
Implementation of the Montreal
Protocol that relates to the making of
contributions to the Multilateral
Fund for the Implementation of the
Montreal Protocol.
1
5 Issue of promissory notes
2
(1) The Treasurer may, on behalf of Australia, make promissory notes
3
and issue them to an international body specified in column 1 of an
4
item in the table in section 4, for the purposes of making any
5
payment required to be made by Australia in accordance with an
6
agreement specified in column 2 of the item.
7
(2) A promissory note made under subsection (1) is to be:
8
(a) non-negotiable; and
9
(b) non-interest-bearing; and
10
(c) payable at par value upon demand.
11
6 Appropriation
12
The Consolidated Revenue Fund is appropriated for the purposes
13
of making:
14
(a) payments under section 4; and
15
(b) payments under promissory notes made under section 5.
16