Loi du 27 février 1991 relative à la participation à des organisations financières internationales.

This is the preamble of a Luxembourg law on participation in international financial organizations.

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Jurisdiction: Luxembourg
Instrument: Act or statute
Citation: http://data.legilux.public.lu/eli/etat/leg/loi/1991/02/27/n2/jo
Status: In force
Version: Undated source snapshot
Language: fr
Updated: 27 Feb 1991
Official source: View official record ↗

IMF statutes amendment approval capital participation export credit agency powers government administration government authorization government expenditure government powers international contributions international financial institutions international organization membership investment guarantees

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Statute overview

About this statute

This is the preamble of a Luxembourg law on participation in international financial organizations. This article approves the constitutive act of the European Bank for Reconstruction and Development, signed in Paris on 29 May 1990. The Government is authorized to join the Multilateral Investment Guarantee Agency created on 12 April 1988. The Office du Ducroire may also guarantee investments, but only if the investments help the economic and social development of the foreign country and its economic relations with Luxembourg. The Government is authorized to participate in the 7th capital increase of the European Investment Bank, in line with the Governors’ decision of 11 June 1990.

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Legal text

Provisions of Loi du 27 février 1991 relative à la participation à des organisations financières internationales.

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Part preamble

Preamble

preamble
Preamble
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AI-assisted research summary: This is the preamble of a Luxembourg law on participation in international financial organizations.

Le contenu de la version HTML du Journal officiel luxembourgeois est identique Ã la version PDF. Loi du 27 fÃ©vrier 1991 relative Ã la participation Ã des organisations financiÃ¨res internationales. Nous JEAN, par la grÃ¢ce de Dieu, Grand-Duc de Luxembourg, Duc de Nassau; Notre Conseil d'Etat entendu; De l'assentiment de la Chambre des dÃ©putÃ©s; Vu la dÃ©cision de la Chambre des dÃ©putÃ©s du 7 fÃ©vrier 1991 et celle du Conseil d'Etat du 19 fÃ©vrier 1991 portant qu'il n'y a pas lieu Ã second vote; Avons ordonnÃ© et ordonnons: â

1 er
Art. 1 er .
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AI-assisted research summary: This article approves the constitutive act of the European Bank for Reconstruction and Development, signed in Paris on 29 May 1990.

Art. 1 er . Est approuvÃ© l'acte constitutif de la Banque EuropÃ©enne de Reconstruction et de DÃ©veloppement, signÃ© Ã Paris le 29 mai 1990. â
2
Art. 2.
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AI-assisted research summary: The Government is authorized to join the Multilateral Investment Guarantee Agency created on 12 April 1988.

Art. 2. Le Gouvernement est autorisÃ© Ã adhÃ©rer Ã l'Agence MultilatÃ©rale de Garantie des Investissements crÃ©Ã©e le 12 avril 1988. â
3
Art. 3.
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AI-assisted research summary: The Office du Ducroire may also guarantee investments, but only if the investments help the economic and social development of the foreign country and its economic relations with Luxembourg.

Art. 3. La loi modifiÃ©e du 25 novembre 1961 portant crÃ©ation d'un Office du Ducroire est complÃ©tÃ©e comme suit: A l'article 1, alinÃ©a 3, est ajoutÃ©e la phrase suivante: Â«Il peut Ã©galement garantir des investissements. Ceux-ci doivent contribuer au dÃ©veloppement de la situation Ã©conomique et sociale du pays Ã©tranger ainsi que des relations Ã©conomiques de ce pays avec le Luxembourg.Â» â
4
Art. 4.
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AI-assisted research summary: The Government is authorized to participate in the 7th capital increase of the European Investment Bank, in line with the Governors’ decision of 11 June 1990.

Art. 4. Le Gouvernement est autorisÃ© Ã participer Ã la 7 e augmentation du capital de la Banque EuropÃ©enne d'Investissement conformÃ©ment Ã la dÃ©cision du Conseil des Gouverneurs du 11 juin 1990. â
5
Art. 5.
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AI-assisted research summary: Le Gouvernement est autorisé à participer jusqu’à 297.300.000 francs à la neuvième reconstitution des avoirs de l’Association Internationale de Développement, selon une résolution donnée.

Art. 5. Le Gouvernement est autorisÃ© Ã participer Ã concurrence de 297.300.000,- francs Ã la neuviÃ¨me reconstitution des avoirs de l'Association Internationale de DÃ©veloppement, conformÃ©ment Ã la rÃ©solution nÂ° 150 approuvÃ©e par le Conseil des Gouverneurs en date du 8 mai 1990. â
6
Art. 6.
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AI-assisted research summary: This article approves the third amendment to the International Monetary Fund statutes as set out in resolution No. 45-3.

Art. 6. Est approuvÃ© le 3 e amendement aux statuts du Fonds MonÃ©taire International tel qu'Ã©noncÃ© Ã la rÃ©solution nÂ° 45-3 approuvÃ©e par le Conseil des Gouverneurs en date du 28 juin 1990. â
7
Art. 7.
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AI-assisted research summary: Le Gouvernement peut prendre les mesures nécessaires pour augmenter la quote-part du Luxembourg auprès du FMI, dans la limite de 58,5 millions de DTS.

Art. 7. Le Gouvernement est autorisÃ© Ã prendre les mesures nÃ©cessaires en vue de l'augmentation de la quote-part du Luxembourg auprÃ¨s du Fonds MonÃ©taire International Ã concurrence de 58,5 millions de D.T.S., conformÃ©ment Ã la rÃ©solution approuvÃ©e par le Conseil des Gouverneurs en date du 28 juin 1990. â
8
Art. 8.
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AI-assisted research summary: The Minister of the Treasury and the Minister of Finance are responsible for carrying out this law.

Art. 8. Notre Ministre du TrÃ©sor et Notre Ministre des Finances sont chargÃ©s de l'exÃ©cution de la prÃ©sente loi. Mandons et ordonnons que la prÃ©sente loi soit insÃ©rÃ©e au MÃ©morial pour Ãªtre exÃ©cutÃ©e et observÃ©e par tous ceux que la chose concerne. Le Ministre du TrÃ©sor, Jacques Santer Le Ministre des Finances, Jean-Claude Juncker Palais de Luxembourg, le 27 fÃ©vrier 1991. Jean Doc. parl. 3450; sess. ord. 1990-1991.

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