#2026/365The Caribbean Development Bank (Eleventh Replenishment of the Special Development Fund (Unified)) Order 2026
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This UK Statutory Instrument authorises the Secretary of State to make payments to the Caribbean Development Bank as part of the United Kingdom’s contribution to the eleventh replenishment of the Bank’s Special Development Fund (Unified). The Order is made under section 11 of the International Development Act 2002 and has received Treasury approval and House of Commons approval as required by the Act. It defines the relevant payments that constitute the UK’s financial commitment to this multilateral development bank fund, which provides concessional financing for poverty reduction and sustainable development projects in the Caribbean region. The instrument comes into force in accordance with Article 1 and represents a routine but specific international development funding obligation.
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Key Changes
- Authorises UK payment to the eleventh replenishment of the Caribbean Development Bank's Special Development Fund (Unified)
- Made under section 11(4) of the International Development Act 2002
- Requires Treasury approval and House of Commons resolution approval
+ 3 more changes with Pro
Obligations
What this law requires
The Secretary of State must make payments to the Caribbean Development Bank as part of the United Kingdom's contribution to the eleventh replenishment of the Special Development Fund (Unified), as defined in Article 3 of this Order.
The Secretary of State must obtain Treasury approval before making relevant payments under this Order, in accordance with section 11(4) of the International Development Act 2002.
A draft of this Order must be laid before the House of Commons and approved by resolution of that House before relevant payments can be made, in accordance with section 11(5) of the International Development Act 2002.
The Secretary of State may only make relevant payments and other associated payments as specified in section 11(3) of the International Development Act 2002 to the Caribbean Development Bank.
Payments must be classified as 'relevant payments' as defined in section 11(2) of the International Development Act 2002 to qualify for authorization under this Order.