Document ID: chunk:federal_register_of_legislation:F2012L01689:body:0:p1
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European Bank for Reconstruction and Development Regulation 20121

  Select Legislative Instrument 2012 No. 200

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the European Bank for Reconstruction and Development Act 1990.
Dated 16 August 2012

  QUENTIN BRYCE
  Governor-General
  By Her Excellency's Command

  WAYNE SWAN
  Treasurer

Contents

 1 Name of regulation
 2 Commencement
 3 Definition
 4 Amendment of European Bank for Reconstruction and Development Act 1990
 5 Amendment of European Bank for Reconstruction and Development Act 1990

Schedule 1 Amendment of European Bank for Reconstruction and Development Act 1990

Schedule 2 Amendment of European Bank for Reconstruction and Development Act 1990

1 Name of regulation

  This regulation is the European Bank for Reconstruction and Development Regulation 2012.

2 Commencement

 (1) This regulation commences as follows:
 (a) sections 1 to 4 and Schedule 1 commence on the later of:
 (i) the day that the amendment to the Agreement Establishing the European Bank for Reconstruction and Development made by Resolution 138 of the Board of Governors of the Bank enters into force for Australia; and
 (ii) the day after it is registered;
 (b) section 5 and Schedule 2 commence on the day that the amendment to the Agreement Establishing the European Bank for Reconstruction and Development made by Resolution 137 of the Board of Governors of the Bank enters into force for Australia.

 (2) The Minister must by notice in the Gazette notify the day on which the amendments made by Resolution 137 and Resolution 138 come into force for Australia.

Note   Resolutions 137 and 138 were adopted by the Board of Governors of the Bank on 30 September 2011.

3 Definition

  In this regulation:
Act means the European Bank for Reconstruction and Development Act 1990.

Note   Bank is defined in section 3 of the Act.

4 Amendment of European Bank for Reconstruction and Development Act 1990

  For section 6 of the Act, Schedule 1 amends the Act.

5 Amendment of European Bank for Reconstruction and Development Act 1990

  For section 6 of the Act, Schedule 2 amends the Act.
Schedule 1 Amendment of European Bank for Reconstruction and Development Act 1990
(section 4)

[1] Schedule 1, Article 18, paragraphs 1 and 2

substitute

Article 18

SPECIAL FUNDS

1. (i) The Bank may accept the administration of Special Funds which are designed to serve the purpose and come within the functions of the Bank in its recipient countries and potential recipient countries. The full cost of administering any such Special Fund shall be charged to that Special Fund.

 (ii) For the purposes of subparagraph (i), the Board of Governors may, at the request of a member which is