2. The following new section is hereby inserted immediately after section 3, and shall have effect as section 3A, of the International Finance Corporation Agreement Act:-
| 3A. Where the authorized capital stock of the Corporation is increased in pursuance of sub-paragraph (ii) of paragraph (c) of Section 2 of Article II of the Articles and Sri Lanka decides to subscribe such proportion of the increase of that capital stock as Sri Lanka is entitled to subscribe under paragraph (d) of Section 2 of Article II of the Articles, there shall be paid out of the Consolidated Fund of Sri Lanka such sum as may be necessary for making such subscription in accordance with such conditions as may be decided by the Corporation under the aforesaid paragraph (d).". |
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Sri Lanka Consolidated Acts