Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
April 1985
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    Index

    (* indicates Decision as amended)

    Decision No.Page
    AAccounting by members for transactions with the Fund170-33
    Accounts:
    Administrative accounts, balances held not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency7060-(82/23)316
    Borrowed Resources Suspense Accounts6844-(81/75)247
    6845-(81/75)248–49
    7188-(82/114)205
    General Account; see General Resources Account, below
    General Resources Account:
    Adjustment of currency holdings of members5590-(77/163)123
    Exchange rate for Fund computations5590-(77/163)123
    Level of Fund SDR holdings, maintenance6275-(79/158)
    G/S101
    7626-(84/23) S105
    7941-(85/50) S105
    Purchase of SDRs for payment of charges*5702-(78/39) G/S120
    Reimbursement for expenses of carrying out business of supplementary financing facility Subsidy Account6683-(80/185)
    G/TR341
    Reimbursement for expenses of conducting business of Trust Fund5069-(76/72)319,
    325
    Sales of SDRs for payment of quota increases by members under 7 th General Review of Quotas6663-(80/160) S110
    Special Disbursement Account, transfers to supplementary financing facility Subsidy Account6683-(80/185) G/TR335, 337, 338
    6704-(80/185)
    TR333
    Special Drawing Rights Department, payment of net charges and assessments7116-(82/68) S311
    Subsidy Accounts:
    Oil facility*4773-(75/136)343
    Final review and report on termination7420-(83/82)345
    7484-(83/117)346
    Supplementary financing facility:
    Instrument6683-(80/185)
    G/TR335
    Investment of currencies6854-(81/78)
    SBS342
    Subsidy payments, July 1, 1983-June 30, 19847754-(84/108)
    SBS342
    Transfer of funds from Special Disbursement Account following termination of Trust Fund6704-(80/185)
    TR334
    Trust Fund, special accounts5069-(76/72)318
    Adjustment process, international, review5392-(77/63)12
    Administrative accounts; see Accounts
    Andean Reserve Fund, prescription as holder of special drawing rights6486-(80/77) S290
    Arab Monetary Fund, prescription as holder of special drawing rights6609-(80/126) S291n
    Articles of Agreement1
    Amendment, SecondB/G Res. 29-8354
    B/G Res. 29-10365
    Article I, purposes of the Fund287-319
    433-(55/42)254
    1034-(60/27)259
    *4377-(74/114)28
    *4773-(75/136)343
    5069-(76/72)319
    Article III, Section 2, adjustment of quotas408-23
    Article III, Section 2(a), general review of quotasB/G Res. 31-2369
    B/G Res. 34-2372
    B/G Res. 38-1383
    Article IV:
    Consultations5392-(77/63)13
    6026-(79/13)15
    6056-(79/38)22
    6790-(81/43)275
    7427-(83/83)17
    7646-(84/40)16
    7939-(85/49)16, 17
    Exchange arrangements5392-(77/63)13
    5712-(78/41)8
    Article IV, Section 3, surveillance over exchange rate policies5392-(77/63)10
    6026-(79/13)15
    Article V, Section 1*1289-(62/1)136
    Article V, Section 3, application of Fund policies to purchases of currency borrowed by Fund*1289-(62/1)132
    Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning287-319
    Article V, Section 3(b)(iii), waiver*4377-(74/114)30
    5508-(77/127)38
    6783-(81/40)44
    Article V, Section 3 (d):
    Sale of members’ currencies for repurchases5704-(78/39)112
    Selection of currencies in purchases6273-(79/158)
    G/S98
    6274-(79/158)99
    6352-(79/183)102
    6774-(81/35)105, 106
    Article V, Section 3(f), transfers of SDRs6275-(79/158)
    G/S101
    Article V, Section 5, limitation on use of Fund’s resources284-3109
    286-1109
    7842-(84/165)73
    Article V, Section 6, sale of SDRs by the Fund6663-(80/160) S110
    Article V, Section 6(b), transfers of SDRs by the Fund6274-(79/158)99
    6774-(81/35)106
    Article V, Section 7, repurchases*1289-(62/1)132
    *5703-(78/39)116, 117
    5704-(78/39)111, 112
    5809-(78/88)118
    Article V, Section 7(b), early repurchases5704-(78/39)111
    6172-(79/101)113
    6273-(79/158)
    G/S98
    Article V, Section 7(d), prompt repurchase of overcompensation under compensatory financing facility81
    Article V, Section 7(i), guidelines for selection of currencies used in repurchases6274-(79/158)99, 100
    6774-(81/35)106
    Article V, Section 8, media of payment of charges*5702-(78/39)
    G/S120
    Article V, Section 8(b), charges*5703-(78/39)115
    6008-(79/3)175
    7060-(82/23)316
    Article V, Section 8(b), (c), and (d), charges4239-(74/67)120
    Article V, Section 9(a), remuneration7060-(82/23)316
    Article V, Section 11, adjustment of Fund’s holdings of members’ currencies5590-(77/163)124
    Article V, Section 12(f)(ii), balance of payments assistance on special terms to low-income developing members in difficult circumstances6704-(80/185)
    TR334
    Article VI, Section 1, use of Fund’s resources541-(56/39)127
    1238-(61/43)19
    Article VI, Section 3, controls on capital transfers541-(56/39)127
    Article VII, replenishment of Fund’s holdings of currencies5508-(77/127)34
    5509-(77/127)166
    6783-(81/40)41
    6843-(81/75)177
    Article VII, Section 1, borrowing by Fund*1289-(62/1)128
    7677-(84/64)206, 232
    Article VIII:
    Bilateralism433-(55/42)254
    Consultations5392-(77/63)13
    Retention quotas201-(53/29)257
    Article VIII and Article XIV1034-(60/27)259
    Article VIII, Sections 2, 3, and 4, acceptance of obligations1034-(60/27)259, 260
    Article VIII, Section 2(a):
    Payments restrictions144-(52/51)253
    3153-(70/95)261
    Article VIII, Section 2(b), unenforceability of exchange contracts446-4251, 252
    Article VIII, Section 3, multiple currency practices237-2268
    5712-(78/41)9
    6790-(81/43)274
    Article VIII, Section 7B/G Res. 34-3396
    Article IX, Section 7, privilege for communications534-3278
    Article XII, Section 3(b) (i) and 3(f)2-1280
    Article XII, Section 3(c):
    Additional appointed Executive Directors*574-2280
    Determination of member’s entitlement to appoint Executive Director7060-(82/23)316
    “The preceding two years,” meaning597-4281
    Article XIV:
    Articles VIII and XIV1034-(60/27)259
    Bilateralism433-(55/42)254
    Consultations5392-(77/63)13
    Retention quotas201-(53/29)255, 257
    Article XIV, Section 11034-(60/27)259
    Article XIV, Section 2:
    Multiple currency practices237-2268, 269
    Payments restrictions144-(52/51)253
    3153-(70/95)261
    Transitional arrangements446-4252
    Article XIV, Section 3117-1283
    237-2269
    Article XVII, Section 3, other holders of special drawing rights6467-(80/71 S287
    6484-(80/77) S290
    6485-(80/77) S291
    6486-(80/77) S290, 291
    7629-(84/25)146
    Article XVIII, allocation of special drawing rightsB/G Res. 24-12392
    B/G Res. 34-3394, 404, 405, 406
    Article XVIII, Section 2(d), allocations of special drawing rights to new participants5956-(78/180) S293
    6368-(79/191) S293
    Article XIX, Section 2(c):
    Acceptance and use of special drawing rights by prescribed holders6467-(80/71) S287
    Operations and transactions in special drawing rights between participants*6000-(79/1) S294
    6001-(79/1) S295
    *6053-(79/34) S297
    *6054-(79/34) S299
    6336-(79/178) S301
    6337-(79/178) S303
    6437-(80/37) S304
    Article XIX, Section 5, designation of participants to provide currency6209-(79/124) S305
    Article XIX, Section 5(a)(i), designation plans6273-(79/158)
    G/S98
    Article XIX, Section 6(b), abrogation of rules for reconstitution6832-(81/65) S309
    Article XIX, Section 7(a), calculation of exchange rates*1289-(62/1)135
    7041-(82/8)
    G/S310
    Article XX, Section 1, interest paid on holdings of special drawing rights6467-(80/71) S287
    Article XX, Section 5, application against unpaid charges of special drawing rights acquired by participants after payment date7116-(82/68) S312
    Article XXIIB/G Res. 34-3396
    Article XXIII, Section 1, suspension of operations and transactions in special drawing rights6467-(80/71) S289
    Article XXVI, Section 2(a), ineligibility to use Fund resources343-(54/47)313
    Article XXVI, Section 3*1289-(62/1)136
    Article XXVII*1289-(62/1)137
    Article XXVII, Section 1(a)(i), suspension of transactions covered by stand-by arrangements*270-(53/95)56
    Article XXIX (a), list of interpretations underxxv
    Article XXX(c):
    Exclusion of purchases and holdings under buffer stock facility5591-(77/163)314
    Exclusion of purchases and holdings under compensatory financing of export fluctuations2836-(69/87)314
    Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)86
    Exclusion of purchases and holdings under extended facility6830-(81/65)315
    Exclusion of purchases and holdings under policy on enlarged access6783-(81/40)45
    Exclusion of purchases and holdings under supplementary financing facility5508-(77/127)39
    Exclusion of purchases under oil facility5371-(77/51)315
    Exclusion relating to purchases in credit tranches6830-(81/65)315
    Article XXX(f), freely usable currencies5719-(78/46)317
    Schedule B, repurchases*5703-(78/39)116, 117
    5704-(78/39)111
    6008-(79/3)175
    Schedule B, paragraph 7(b), use of amounts in excess of capital value available from gold sales for benefit of developing countries5069-(76/72)318
    Schedule F, rules for designation6209-(79/124) S306
    Schedule G, rules for reconstitution, abrogation6832-(81/65) S309
    Schedule J*1289-(62/1)136
    Schedule K*1289-(62/1)137
    5288-(76/167)155
    5387-(77/61)159
    Schedule K, paragraph 15288-(76/167)155
    5387-(77/61)159
    Asian Development Bank, prescription as holder of special drawing rights7229-(82/136) S291
    Assessments, payment in SDR Department; see Accounts, Special Drawing Rights Department, payment of net charges and assessments
    Attribution of reductions in Fund’s holdings of currency*6831-(81/65)118
    6774-(81/35)107
    Review7704-(84/78)119
    Audit:
    Oil facility Subsidy Account*4773-(75/136)344
    Supplementary financing facility Subsidy Account6683-(80/185)
    G/TR341
    Trust Fund5069-(76/72)318,
    325
    Augmentation; see Purchase transactions, Augmentation
    BBalance of payments position:
    Assessment for assistance from Trust Fund5069-(76/72)321
    Assessment for purposes of designation plans, operational budgets, and early repurchases6273-(79/158)
    G/S98
    Discrimination for balance of payments reasons955-(59/45)258
    Bank for International Settlements:
    Borrowing agreement with Fund*6863-(81/81)220
    7677-(84/64)233
    7955-(85/60)245
    Deposit by Managing Director of currencies held in supplementary financing facility Subsidy Account6854-(81/78)
    SBS342
    Prescription as holder of special drawing rights6484-(80/77) S290
    Trust Fund deposits denominated in SDRs5973-(78/189)
    TR329
    Bank of Central African States, prescription as holder of special drawing rights7064-(82/26) S291n
    Belgium, National Bank of, Borrowing agreement with Fund; see Borrowing by the Fund
    Bilateralism433-(55/42)254
    955-(59/45)258
    Borrowing by the Fund:
    Agreement with Bank for International Settlements*6863-(81/81)221
    7677-(84/64)233
    7955-(85/60)245
    Agreement with central banks and other official institutions6864-(81/81)223
    Agreement with Japan7677-(84/64)236
    7955-(85/60)246
    Agreement with National Bank of Belgium7677-(84/64)240
    7955-(85/60)247
    Agreement with Saudi Arabian Monetary Agency6843-(81/75)177
    Change in conversion arrangements7188-(82/114)205
    Supplementary Agreement7677-(84/64)206
    Agreement with Swiss National Bank:
    19765288-(76/167)152
    19775387-(77/61)155
    Interest, media of payment5331-(77/15)
    5488-(77/116)
    159
    160
    Transfer charges, media of payment5306-(77/2)160
    5488-(77/116)160
    Use of special drawing rights in repayment6485-(80/77) S292
    Agreements between Fund and its members, memorandum of Director of the Legal Department of the Fund6843-(81/75)
    Annex202
    Borrowed Resources Suspense Accounts6844-(81/75)247
    6845-(81/75)249
    7188-(82/114)206
    Borrowed resources, use to finance purchases under arrangements providing enlarged access to Fund’s resources6783-(81/40)41
    General Arrangements to Borrow:
    Associated borrowing arrangements
    “Outstanding borrowing and unused credit lines,” clause in respect of GAB in guidelines for Fund borrowing*7040-(82/7)250
    Saudi Arabia, association agreement7403-(83/73)161
    Transferability of claims7629-(84/25)146
    *1289-(62/1)137
    Swiss National Bank, participation of
    Switzerland, association of1712-(64/29)148
    Transferability of claims, see Transferability of claims
    Use of credit arrangements for nonparticipants*1289-(62/1)138
    Guidelines7040-(82/7)249
    Issuance of bearer notes by Fund6843-(81/75)177, 187, 194, 200
    6864-(81/81)227, 228, 230
    Supplementary financing facility:
    Authorization to make calls6006-(79/3)174
    Interest payment procedure6163-(79/96)175
    Meaning of “net creditor position in the Fund”6008-(79/3)175
    Replenishment of holdings of currencies5509-(77/127)166
    Subsidy Account6683-(80/185)
    G/TR335
    Buffer stock financing facility*2772-(69/47)88
    7602-(84/3)88
    Access limit and review
    Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”5591-(77/163)314
    International Natural Rubber Agreement, 19797246-(82/147)95
    International Sugar Agreement, 19775597-(77/171)93
    International Tin Agreements:
    4th3179-(70/102)89
    3351-(71/51)90
    5th5127-(76/91)90
    6th7247-(82/147)91
    Repurchases*5703-(78/39)115
    6th International Tin Agreement7247-(82/147)92, 93
    1977 International Sugar Agreement5597-(77/171)95
    International Natural Rubber Agreement, 19797246-(82/147)96, 97
    CCapital transfers:
    Controls by members541-(56/39)127
    B/G Res. 29-10362
    Restrictions237-2267
    Use of Fund’s resources for1238-(61/43)19
    B/G Res. IM-6349
    Central Bank of West African States, prescription as holder of special drawing rights6908-(81/101) S291n
    “Changing circumstances,” adaptation of multiple currency practices237-2271
    Charges:
    Accounting for charges from members with overdue obligations7930-(85/41)122
    Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for calculation7060-(82/23)316
    Borrowing agreements with Swiss National Bank5288-(76/167)153, 154
    5306-(77/2)160
    5387-(77/61)157, 158
    5488-(77/116)160
    Enlarged access policy6783-(81/40)45
    Extended Fund facility*4377-(74/114)31
    4720-(75/114)33
    *6838-(81/70)61
    Future changes4239-(74/67)120
    Interest on Trust Fund loans; see Interest
    Media of payment*5702-(78/39)
    G/S120
    Oil facility Subsidy Account; see Accounts, Subsidy Accounts
    Payment by nonparticipant in Special Drawing Rights Department*5702-(78/39)
    G/S120
    Payment of net charges and assessments in Special Drawing Rights Department, procedure when participants fail to hold adequate SDRs or to acquire them from other participants or Fund7116-(82/68) S311
    Rate, effective May 1, 1984*7713-(84/85)121
    Stand-by arrangements*6838-(81/70)61
    Supplementary financing facility5508-(77/127)39
    Supplementary financing facility Subsidy Account; see Accounts, Subsidy Accounts
    Committee on Reform of the International Monetary System and Related IssuesB/G Comp. Res.351
    Final report and terminationB/G Res. 29-7352
    Support of extended Fund facility*4377-(74/114)28
    Voluntary Declaration of Trade on Other Current Account Measures4254-(74/75)275
    Commodities (see also Buffer stock financing facility; Compensatory financing…):
    Reclassification where subject to multiple currency practices237-2269, 271
    Communications, privilege for534-3278
    Compensatory financing of export fluctuations6224-(79/135)77
    Access limit and review
    Cooperation, guidelines on7528-(83/140)81
    Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”2836-(69/87)314
    Integration of assistance with that available under decision on compensatory financing of fluctuations in the cost of cereal imports*6860-(81/81)82, 83
    Repurchases*5703-(78/39)115
    Representation of intention to repurchase amount of overcompensation6224-(79/135)78, 79, 80
    Compensatory financing of fluctuations in the cost of cereal imports*6860-(81/81)82
    Access limit and review7490-(83/105)85, 87
    Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”*6860-(81/81)86
    Repurchases*5703-(78/39)116
    *6860-(81/81)86
    Conditionality; see Use of Fund’s resources, Conditionality “Consistent with the provisions of this Agreement,” meaning in Article V, Section 3287-319
    Consultations with European Monetary Cooperation Fund on calculation of representative rate for European Currency Unit7041-(82/8)
    G/S310
    Consultation with members:
    Before accepting obligations of Article VIII, Sections 2, 3, and 41034-(60/27)259, 260
    Bilateral arrangements433-(55/42)254
    Changes in members’ exchange arrangements, notification to Fund5712-(78/41)9
    Commodity field, attention to policies*2772-(69/47)89
    Conduct by Managing Director in interval between Article IV consultations5392-(77/63)14
    6026-(79/13)15
    Consultations under Article IV5392-(77/63)13
    6026-(79/13)15
    6056-(79/38)24
    6790-(81/43)275
    Discussions on use of Fund’s resources102-(52/11)20
    During period of extended arrangement*6838-(81/70)66
    During period of stand-by arrangement*6838-(81/70)61
    Exchange measures needing approval under Article VIII1034-(60/27)260
    Members’ policies in present circumstances4134-(74/4)263
    Multiple currency practices237-2265, 266
    Periodic discussions under Article VIII1034-(60/27)260
    Resumption of purchases under extended arrangements*6838-(81/70)64
    Resumption of purchases under stand-by arrangements*270-(53/95)56
    *6838-(81/70)60
    Retention quotas201-(53/29)256
    Special consultations5392-(77/63)14
    Whether measure is exchange restriction1034-(60/27)259
    Consultations with prescribed holders of special drawing rights6467-(80/71) S288
    Convertibility:
    Acceptance of obligations of Article VIII, Sections 2, 3, and 41034-(60/27)259, 260
    Approval of exchange restrictions1034-(60/27)259, 260
    Bilateralism433-(55/42)254
    Consultation with Fund1034-(60/27)260
    Discrimination955-(59/45)258
    Multiple currency practices; see Multiple currency practices
    Retention quotas201-(53/29)256
    Credit tranches; see Tranche policies
    Creditworthiness, factor in determining use of Fund’s resources102-(52/11)20
    Currencies (see also Borrowing by the Fund; Convertibility;
    Holdings of the Fund; Investment):
    Arrangements for use in operations and transactions of FundB/G Res. 31-2371
    Composition of special drawing right6631-(80/145)
    G/S284
    Freely usable currencies5719-(78/46)317
    Guidelines for use in operational budgets6772-(81/35)
    G/S104
    Guidelines for use in operations and transactions of General Resources Account6273-(79/158)
    G/S98
    6274-(79/158)99
    6774-(81/35)105, 106
    Payment of subscriptions6266-(79/156)4
    B/G Res. 31-2370
    B/G Res. 34-2373, 377
    B/G Res. 38-1 386385, 388
    Rates for computations and maintenance of value5590-(77/163)123
    Replenishment in connection with supplementary financing facility5509-(77/127)166
    Sale by agreement with member with outstanding purchases6274-(79/158)99, 100
    6352-(79/183)102
    6774-(81/35)106
    Selection for payment of charges*5702-(78/39)
    G/S120
    Specified by the Fund, use in repurchases*5703-(78/39)117
    5809-(78/88)118
    Subscribed to the Fund, ownership170-33
    DDebt management policies; see External debt management policies
    Designation; see Special drawing rights
    Development Committee; see Joint Ministerial Committee
    Discriminatory practices imposed for balance of payment reasons (see also Exchange restrictions)955-(59/45)258
    Drawings; see Purchase transactions; Use of Fund’s resources
    EEast Caribbean Currency Authority, prescription as holder of special drawing rights6487-(80/77) S291n
    Enemy-occupied, former, members, introduction of multiple currency practices237-2269, 270
    Enlarged access, policy on6783-(81/40)41
    Access limits, guidelines*7600-(84/3)46
    Chairman’s Summing up of Dec. 2, 198347
    Apportionment between ordinary and borrowed resources7601-(84/3)47
    Borrowed Resources Suspense Accounts; see Accounts
    Borrowing agreement with Bank for International Settlements*6863-(81/81)220
    7677-(84/64)233
    Borrowing agreement with Japan7677-(84/64)236
    Borrowing agreement with National Bank of Belgium7677-(84/64)240
    Borrowing agreement with Saudi Arabian Monetary Agency
    6843-(81/75)177
    Change in conversion arrangements7188-(82/114)205
    Supplementary agreement7677-(84/64)206
    Borrowing from central banks and other official institutions6864-(81/81)223
    Charges6783-(81/40)45
    Exclusion of purchases with borrowed resources and holdings under Article XXX(c)6783-(81/40)45
    Forms of stand-by and extended arrangements*6838-(81/70)57
    Period*7599-(84/3)45
    Repurchases; see Repurchases
    Review*7599-(84/3)45
    Utilization of supplementary financing facility for enlarged access resources; see Supplementary financing facility
    European Currency Unit, representative rate in terms of SDR7041-(82/8) G/S310
    European Monetary Cooperation Fund, consultation on calculation of representative rate for European Currency Unit7041-(82/8) G/S310
    “Exceptional circumstances,” meaning in Article XIV, Section 3 (Section 4 before Second Amendment)117-1283
    237-2269
    Exchange arrangements, notification5392-(77/63)13
    5712-(78/41)8
    Exchange contracts, unenforceability446-4251
    Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement446-4252
    Exchange controls on capital transfers541-(56/39)127
    Exchange rates:
    Borrowing arrangements by Fund*1289-(62/1)135
    Exchange rate policies of members, surveillance5392-(77/63)10
    Flexible exchange arrangements5712-(78/41)8
    Floating, guidelinesB/G Res. 29-10362
    Fluctuating:
    Multiple currency practices (fixed and fluctuating rates)237-2266
    Scope of transactions to be agreed with Fund237-2267
    Free markets237-2267
    Multiple currency practices arising from official action6790-(81/43)273
    Notification to Fund5392-(77/63)13
    5712-(78/41)8
    Pegs, notification to Fund of changes5712-(78/41)8
    Representative rate for European Currency Unit in terms of SDR7041-(82/8) G/S310
    Unification in multiple rate systems a basic objective of Fund649-(57/33)272
    Exchange restrictions (see also Payments restrictions):
    Approval1034-(60/27)260
    Avoidance of escalation4134-(74/4)263
    4254-(74/75)275
    Bilateralism433-(55/42)254
    Capital transactions; see Capital transfers Consultations with Fund1034-(60/27)260
    Discrimination955-(59/45)258
    Guiding principle of whether measure is a restriction on payments and transfers for current international transactions1034-(60/27)259
    Introduction1034-(60/27)260
    Maintenance1034-(60/27)260
    Multiple currency practices237-22265
    649-(57/33)272
    6790-(81/43)273
    Payments arrears3153-(70/95)261
    Retention quotas201-(53/29)255
    Security reasons; see Payments restrictions
    Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 41034-(60/27)260
    Withdrawal, representation by Fund117-1283
    Exchange systems, avoidance of use for nonbalance of payment reasons1034-(60/27)260
    Exchange taxes237-2267, 271
    Notification to Fund5712-(78/41)9
    Exchange transactions; see Purchase transactions
    Exclusion of balances held in administrative accounts; see Accounts, Administrative accounts
    Exclusion of purchases and holdings under Fund policies; see Article XXX(c)
    Executive Board:
    Annual review of decision on oil facility Subsidy Account*4773-(75/136)345
    Annual review of implementation of surveillance over members’ exchange rate policies5392-(77/63)10
    6026-(79/13)15
    7646-(84/40)16
    7939-(85/49)17
    Annual review of upper-maturity limit in guidelines on performance criteria with respect to foreign borrowing6230-(79/140)26
    Communication of changes in members’ exchange arrangements5712-(78/41)9
    Information on operation of buffer stocks3179-(70/102)90
    5127-(76/91)91
    5597-(77/171)95
    7246-(82/147)97
    7247-(82/147)93
    Report to Board of Governors on quota increases under General Reviews of Quotas:
    7thB/G Res. 34-2372
    8thB/G Res. 38-1383
    Review and change of rules for designation6209-(79/124) S305
    Review of broad developments in exchange rates5392-(77/63)14
    Review of decision on extended Fund facility*4377-(74/114)31
    5220-(76/144)32
    7558-(83/156)33
    7857-(84/175)33
    Review of functioning of international adjustment process5392-(77/63)12
    Review of guidelines for borrowing by Fund7040-(82/7)250
    Review of level of Fund’s SDR holdings6275-(79/158)
    G/S101
    7626-(84/23) S105
    7941-(85/50) S105
    Review of prescriptions of holders of special drawing rights6467-(80/71) S288, 289
    Review of quota calculation methodB/G Res. 38-1383, 384
    Executive Directors:
    Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c)597-4281
    Appointment by members having 5 largest quotas2-1280
    Determination of members entitled to appoint under Article XII, Section 3(c)*574-2280
    Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination7060-(82/23)316
    Participation in meetings of Development CommitteeB/G Res. 29-9358
    Participation in meetings of Interim CommitteeB/G Res. 29-8353
    Voting power, effect of quota changes180-5281
    Export shortfalls, financing; see Compensatory financing of export fluctuations
    Extended arrangements*4377-(74/114)28
    Amendment to utilize supplementary financing7047-(82/13)68
    7048-(82/13)69
    Amounts to be made available under enlarged access policy decision, guidelines6783-(81/40)42, 43
    Augmentation of rights to make purchases, elimination5706-(78/39)67
    Charge*4377-(74/114)31
    4720-(75/114)33
    *6838-(81/70)65
    Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”6830-(81/65)315
    Form under enlarged access policy*6838-(81/70)62
    7048-(82/13)69
    7908-(85/26)70
    Ineligibility6838-(81/70)64, 65
    Misreporting and noncomplying purchases, guidelines on corrective action7842-(84/165)71
    Overdue payments to Fund, purchases from Fund7908-(85/26)70
    Provision for enlarged access to Fund’s resources6783-(81/40)42
    Provision for supplementary financing5508-(77/127)35
    6693-(80/177)40
    6725-(81/5)41
    Repurchases; see Repurchases
    Review of decision on extended Fund facility5220-(76/144)32
    7558-(83/156)32
    7857-(84/175)33
    Suspension of right to engage in purchase transactions*6838-(81/70)65
    Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize…, above
    Extended Fund facility; see Extended arrangements External debt management policies6230-(79/140)25
    F“First credit tranche,” Fund attitude to request for transactions21
    Floating rates, see Exchange rates
    Fluctuating exchange rates; see Exchange rates
    Freely usable currencies5719-(78/46)317
    Free markets; see Exchange rates
    Fund resources, use; see Use of Fund’s resources
    Fund’s holdings; see Holdings of the Fund
    GGeneral Agreement on Tariffs and Trade1034-(60/27)260, 261
    4254-(74/75)277
    B/G Res. 29-10363
    General Arrangements to Borrow, see Borrowing by the Fund
    General Resources Accounts; see Accounts
    Gold:
    Repurchase obligations, discharge by payment in SDRs or currencies of other members specified by Fund*5703-(78/39)
    5809-(78/88)
    116
    117
    Sale, amounts available to Trust Fund5069-(76/72)323
    Sale for benefit of developing members, distribution of profits through Trust Fund5069-(76/72)319
    5709-(78/41) TR329
    5832-(78/95) TR330
    6540-(80/98) TR333
    Sale, transfer of profits to Trust Fund5069-(76/72)320
    Subscribed to Fund, ownership170-33
    Gross reserve position; see Reserve position, gross
    HHoldings of the Fund:
    Adjustment by Fund5590-(77/163)123
    Attribution of reductions to enlargement of member’s reserve tranche position6774-(81/35)107
    *6831-(81/65)118
    Attribution of reductions to repurchase obligations*6831-(81/65)118
    Balances held in administrative accounts not in excess of 0.1 percent of member’s quota, exclusion from Fund’s holdings of member’s currency for certain purposes7060-(82/23)316
    Computations and adjustment, rates5590-(77/163)123
    Exclusion of holdings resulting from credit tranche purchases6830-(81/65) 67,315
    Exclusion under buffer stock facility5591-(77/163)314
    Exclusion under compensatory financing of export fluctuations2836-(69/87)314
    Exclusion under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)86
    Exclusion under enlarged access policy6783-(81/40)45
    Exclusion under extended Fund facility6830-(81/65)67, 315
    Exclusion under oil facility5371-(77/51)315
    Exclusion under supplementary financing facility5508-(77/127)39
    Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund
    Repurchases; see Repurchases
    IImport restrictions imposed for balance of payments reasons, GATT members1034-(60/27)260, 261
    Ineligibility; see Extended arrangements; Stand-by arrangements; Use of Fund’s resources
    Interest:
    Charge on loans from Trust Fund5069-(76/72)323
    Payment on Fund indebtedness to Bank for International Settlements6863-(81/81)
    *
    221, 222
    Payment on Fund indebtedness to central banks and other official institutions6864-(81/81)224, 225
    Payment on Fund indebtedness to Saudi Arabian Monetary Agency6843-(81/75)180, 191
    Payment on Fund indebtedness to Swiss National Bank5288-(76/167)154
    5331-(77/15)159
    5387-(77/61)158
    5488-(77/116)160
    Payment on Fund indebtedness under General Arrangements to Borrow*1289-(62/1)131
    Payment on Fund indebtedness under supplementary financing facility Subsidy Account6683-(80/185)
    G/TR337
    Payment under supplementary financing facility5509-(77/127)
    Annex169, 171
    6163-(79/96)175
    Payments by members under Trust Fund loan agreements6358-(79/188/
    TR332
    Interim Committee of the Board of Governors on the International Monetary System:
    EstablishmentB/G Res. 29-8352
    Review of functioning of international adjustment process5392-(77/63)12
    Rules of procedure365
    International Bank for Reconstruction and Development, prescription as holder of special drawing rights6718-(81/1) S291n
    International Development Association, prescription as holder of special drawing rights6718-(81/1) S291n
    International Fund for Agricultural Development, prescription as holder of special drawing rights6489-(80/77) S291n
    International monetary system, reformB/G Comp. Res.351
    International Natural Rubber, Sugar, and Tin Agreements; see Buffer stock financing facility19
    Interpretation of Articles of Agreement
    Investment:
    Currencies held in oil facility Subsidy Account*4773-(75/136)344
    Currencies held in supplementary financing facility Subsidy Account6683-(80/185)
    G/TR337, 340
    6854-(81/78)
    SBS342
    Currency balances held in Trust Fund5069-(76/72)325
    5972-(78/189)328
    5973-(78/189)
    TR329
    Islamic Development Bank, prescription as holder of special drawing rights7086-(82/42) S291n
    JJapan, Borrowing agreement with Fund; see Borrowing by the Fund
    Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries:
    EstablishmentB/G Res. 29-9355
    Rules of procedure366
    Secretariat function, changes in organization of work and structure367
    MManaging Director:
    Authority to establish Borrowed Resources Suspense Accounts, and to transfer and invest balances of borrowed currencies6844-(81/75)247
    6845-(81/75)248
    Authority to establish oil facility Subsidy Account*4773-(75/136)343
    Authority to make calls under borrowing arrangements in connection with supplementary financing facility6006-(79/3)174
    Authorizations in connection with implementation of borrowing agreement with Saudi Arabian Monetary Agency6843-(81/75)177
    Consultation by eligible member to request assistance from Trust Fund5069-(76/72)321
    Consultation by member before making request under supplementary financing facility5508-(77/127)34
    Consultation by member contemplating request under extended Fund facility*4377-(74/114)29
    Consultation by member to request use of Fund resources under policy on enlarged access6783-(81/40)42
    Consultation with members when notice of exchange policy change not received5712-(78/41)9
    Consultations and proposals to Executive Board concerning sales of currencies at request of members with outstanding purchases6352-(79/183)103
    Consultations with lenders on means of interest payment under borrowing agreements in connection with supplementary financing facility6163-(79/96)175, 176
    Deposit of currencies received by supplementary financing facility Subsidy Account with Bank for International Settlements6854-(81/78) SBS342
    Discussions with members judged sufficiently strong whose outstanding purchases are not subject to guidelines on early repurchase with view to reducing their indebtedness to the Fund6774-(81/35)107
    Discussions with members on exchange policies5392-(77/63)14
    6026-(79/13)15
    Participation in meetings of Development CommitteeB/G Res. 29-9358
    Participation in meetings of Interim CommitteeB/G Res. 29-8354
    Placement of Trust Fund investments in SDR-denominated deposits5973-(78/189)
    TR329
    Proposal for allocation of SDRs:
    1st basic periodB/G Res. 24-12392
    3d basic periodB/G Res. 34-3394
    4th basic period406
    Proposals for calls under General Arrangements to Borrow*1289-(62/1) 130,139
    1712-(64/29)149
    Proposals for Trust Fund investments5973-(78/189)
    TR329
    Recommendations to Executive Board regarding approval of use of Fund resources and stand-by arrangements6056-(79/38)23
    Report to Board of Governors and to Executive Board on allocation of SDRs for fourth basic period404
    Misreporting and noncomplying purchases, guidelines on corrective action; see Extended or Stand-by arrangement
    Monetary stabilization operations, use of Fund’s resources71-219
    B/G Res.
    IM-6349
    Multiple currency practices:
    Policy237-2264
    649-(57/33)272
    6790-(81/43)273
    Prior Fund approval5712-(78/41)9
    Spreads6790-(81/43)273
    N“Net creditor position in the Fund”6008-(79/3)175
    Nordic Investment Bank, prescription as holder of special drawing rights6488-(80/77) S291n
    OOil facility:
    1975 facility
    Subsidy Account*4773-(75/136)343
    Final review and report on termination7420-(83/82)345
    7484-(83/117)346
    Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”5371-(77/51)315
    Operational budgets:
    Assessment of strength of member’s balance of payments and gross reserve position6273-(79/158)
    G/S98
    Sales of SDRs and use of currencies6772-(81/35)
    G/S104
    Overdue payments to Fund, purchases from Fund; see Extended or Stand-by arrangement
    PPayments arrears3153-(70/95)261
    Payments policies of members4134-(74/4)263
    Payments restrictions (see also Exchange restrictions; Payments arrears):
    For security reasons, Fund jurisdiction144-(52/51)253
    Withdrawal or general abandonment117-1283
    “Position in the Fund,” definition6274-(79/158)100
    6772-(81/35)
    G/S104
    Prior notice to Fund, imposition of payments restrictions for security reasons144-(52/51)253
    Publication of reports, overdue obligations7931-(85/41)282
    Purchase transactions (see also Use of Fund’s resources):
    Augmentation of rights to purchase under stand-by and extended arrangements, elimination5706-(78/39)67
    Purchase under buffer stock financing facility*2772-(69/47)88
    3179-(70/102)89
    5127-(76/91)90
    5591-(77/163)314
    5597-(77/171)93
    7246-(82/147)95
    7247-(82/147)91
    Purchases under compensatory financing of export fluctuations2836-(69/87)314
    6224-(79/135)77
    Purchases under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)83, 84, 85
    Purchases under credit tranche; see Tranche policies
    Purchases under extended arrangements5508-(77/127)35
    6783-(81/40)42
    6830-(81/65)315
    *6838-(81/70)63
    7048-(82/13)70
    Purchases under policy on enlarged access6783-(81/40)41
    Purchases under stand-by arrangements5508-(77/127)35
    6783-(81/40)42
    *6838-(81/70)58
    7048-(82/13)70
    Purchases under supplementary financing facility5508-(77/127)35, 39
    Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a proposal*6838-(81/70)65
    Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal*270-(53/95)56
    *6838-(81/70)60
    Suspension, effect on General Arrangements to Borrow*1289-(62/1)136
    Suspension of transactions under extended arrangements*6838-(81/70)65
    Suspension of transactions under stand-by arrangements*270-(53/95)56
    *6838-(81/70)60
    QQuotas:
    Adjustment, first interval of five years408-23
    Calculation, review of methodB/G Res. 38-1383, 384
    Change, effect on voting power of elected Executive Director180-5281
    Reviews:
    1st408-23
    6th GeneralB/G Res. 29-10364
    B/G Res. 31-2369
    7th GeneralB/G Res. 34-2372
    Sale of SDRs by Fund to members for use in quota payments6663-(80/160) S110
    8th GeneralB/G Res. 38-1383
    Special adjustment for members with very small quotasB/G Res. 38-1385
    RRates for official communications of Fund534-3278
    Rates of exchange; see Exchange rates; Multiple currency practices
    Reconstitution; see Special drawing rights, Reconstitution
    Remuneration on net creditor positions, balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency for calculation7060-(82/23)316
    Repayment by Fund of borrowed currency*1289-(62/1)133
    1712-(64/29)150
    5288-(76/167)152, 154
    5387-(77/61)156, 158
    5509-(77/127)169, 171, 173
    6843-(81/75)181, 183
    6864-(81/81)225
    Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund
    Reporting by the Fund of overdue obligations7931-(85/41)282
    Repurchases:
    Attribution of reductions in Fund’s holdings of currencies6774-(81/35)108
    *6831-(81/65)118
    Currency resulting from purchase under credit tranches*5703-(78/39)115
    Currency resulting from purchase under extended arrangement*6838-(81/70)65
    Currency resulting from purchase under stand-by arrangement*6838-(81/70)61
    Early, guidelines5704-(78/39)111
    6172-(79/101)113
    6273-(79/158)
    G/S98
    Guidelines for selection of currencies6274-(79/158)99
    6774-(81/35)105
    Obligations to pay gold, payment with SDRs or currencies of other members*5703-(78/39)116
    5809-(78/88)117
    Of Fund’s holdings102-(52/11)21
    Procedures*5703-(78/39)115
    Under buffer stock financing facility*5703-(78/39)115
    6th International Tin Agreement7247-(82/147)92
    1977 International Sugar Agreement5597-(77/171)95
    International Natural Rubber Agreement, 19797246-(82/147)96, 97
    Under compensatory financing of export fluctuations*5703-(78/39)115
    Representation of intention to repurchase amount of overcompensation6224-(79/135)78, 79, 80
    Under compensatory financing of fluctuations in the cost of cereal imports*5703-(78/39)115
    6860-(81/81)86
    Under decision on enlarged access6783-(81/40)44
    Under extended Fund facility*4377-(74/114)31
    Under supplementary financing facility5508-(77/127)35, 38
    Reserve assets:
    Guidelines for determining amount to be paid in connection with subscriptions6266-(79/156)4
    Payment for subscriptions under 8th General Review of QuotasB/G Res. 38-1386, 388
    Reserve position, gross, assessment for purposes of designation plans, operational budgets, and early repurchases6273-(79/158)
    G/S98
    Reserve tranche position:
    Attribution of reductions in Fund’s holdings of currencies6774-(81/35)107, 108
    *6831-(81/65)118
    Review7704-(84/78)119
    Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination7060-(82/23)316
    Reserve tranche purchases (see also Use of Fund’s resources):
    Exclusion of purchases and holdings in credit tranches6830-(81/65)67, 315
    Exclusion of purchases and holdings under buffer stock financing facility5591-(77/163)314
    Exclusion of purchases and holdings under compensatory financing of export fluctuations2836-(69/87)314
    Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports*6860-(81/81)86
    Exclusion of purchases and holdings under extended facility6830-(81/65)67, 315
    Exclusion of purchases and holdings under oil facility5371-(77/51)315
    Exclusion of purchases and holdings under policy on enlarged access6783-(81/40)44
    Exclusion of purchases and holdings under supplementary financing facility5508-(77/127)39
    Restrictions; see Exchange restrictions; Payments restrictions
    Retention quotas201-(53/29)255
    Rule G-1*1289-(62/1)136
    Rule I-6(4), rate of charge and net income*7713-(84/85)121
    Rule O-2:
    Determination of exchange rate*1289-(62/1)135
    5288-(76/167)153
    5387-(77/61)155
    5590-(77/163)123
    6001-(79/1)S296
    6053-(79/34)S297
    6054-(79/34)S299
    6336-(79/178)S301
    7041-(82/8) G/S310
    Valuation of U.S. dollar in terms of special drawing rights6709-(80/189) S286
    Rule P-7:
    Declaration concerning use of special drawing rights in accordance with prescription on donations6437-(80/37) S304
    Declaration concerning use of special drawing rights in accordance with prescription on forward operations6337-(79/178) S303
    Declaration concerning use of special drawing rights in accordance with prescription on loans6001-(79/1) S295
    Declaration concerning use of special drawing rights in accordance with prescription on pledges*6053-(79/34) S298
    Declaration concerning use of special drawing rights in accordance with prescription on settlement of financial obligations*6000-(79/1) S297
    Declaration concerning use of special drawing rights in accordance with prescription on swap operations6336-(79/178) S302
    Declaration concerning use of special drawing rights in accordance with prescription on transfers as security for performance of financial operations*6054-(79/34) S300
    Rule P-9, record of operations in special drawing rights*6000-(79/1) S295
    6001-(79/1) S297
    *6053-(79/34) S299
    *6054-(79/34) S301
    6336-(79/178) S303
    6337-(79/178) S304
    6437-(80/37) S304
    Rule R-1 through R-6, rules for reconstitution, abrogation6832-(81/65) S309
    SSaudi Arabia, association agreement under General Arrangements to Borrow; see Borrowing by the Fund
    Saudi Arabian Monetary Agency, borrowing agreement with Fund6843-(81/75)177
    Change in conversion arrangements7188-(82/114)205
    Supplementary agreement7677-(84/64)206
    Transferability of claims7629-(84/25)146
    Special Disbursement Account; see Accounts
    Special drawing rights:
    Allocation for first basic periodB/G Res. 24-12392
    Allocation for third basic periodB/G Res. 34-3394
    New participants5956-(78/180) S293
    6368-(79/1) S293
    Allocation for fourth basic period, Managing Director’s report to Board of Governors and to Executive Board
    Change in method of valuation, effect on claims under supplementary financing facility5509-(77/127)
    Annex172
    Designation plans, assessment of strength of member’s balance of payments and gross reserve position6273-(79/158)
    G/S98
    Designation, review of rules and method of calculating amounts6209-(79/124) S305
    Holders prescribed by the Fund:
    Andean Reserve Fund6486-(80/77) S290
    Arab Monetary Fund6609-(80/126) S291n
    Asian Development Bank7229-(82/136) S291n
    Bank for International Settlements6484-(80/77) S290
    Bank of Central African States7064-(82/26) S291n
    Central Bank of West African States6908-(81/101) S291n
    East African Development Bank7582-(83/174) S291n
    East Caribbean Central Bank7707-(84/79) S291n
    International Bank for Reconstruction and Development6718-(81/1) S291n
    International Development Association6718-(81/1) S291n
    International Fund for Agricultural Development6489-(80/77) S291n
    Islamic Development Bank7086-(82/42) S291n
    Nordic Investment Bank6488-(80/77) S291n
    Swiss National Bank6485-(80/77) S291
    Terms and conditions for accepting, holding, or using SDRs6467-(80/71) S287
    Level of SDR holdings in General Resources Account, maintenance; see Accounts, General Resources Account
    Loans from Trust Fund expressed in5069-(76/72)323
    Method of collecting exchange rates for calculation of value of SDR for purpose of Rule O-2(a)6709-(80/189) S286
    Payment of net charges and assessment in Special Drawing Rights Department; see Special Drawing Rights Department, payment
    Payment of subscriptions6266-(79/156)4
    Reconstitution, abrogation of rules6832-(81/65) S309
    Sale by Fund to members for use in quota payments under 7th General Review6663-(80/160) S110
    Sales by Fund, guidelines6772-(81/35)
    G/S104
    SDR-denominated deposits with Bank for International Settlements5973-(78/189)
    TR329
    Transfers under Article V, Section 3(f)6275-(79/158)
    G/S101
    Transfers under Article V, Section 6(b), guidelines for selection of currencies6274-(79/158)99
    6774-(81/35)106
    Use in donations6437-(80/37) S304
    Use in donations and loans to supplementary financing facility Subsidy Account6683-(80/185)
    G/TR340
    Use in forward operations6337-(79/178) S303
    Use in loans6001-(79/1) S295
    Use in payment of charges*5702-(78/39)
    G/S120
    Use in payment of 25 percent of quota increasesB/G Res. 31-2370
    B/G Res. 34-2373, 377, 379
    B/G Res. 38-1385, 386, 388
    Use in pledges*6053-(79/34) S297
    Use in repayment of Fund’s debt to Swiss National Bank6485-(80/77) S291
    Use in repurchases*5703-(78/39)117
    5809-(78/88)117
    Use in settlement of financial obligations*6000-(79/1) S294
    Use in swap operations6336-(79/178) S301
    Use in transfers as security for performance of financial obligations*6054-(79/34) S299
    Valuation for use in borrowing arrangements*1289-(62/1)135
    5288-(76/167)153
    5387-(77/61)156
    6843-(81/75)182
    Valuation, interimB/G Res. 29-10363
    Valuation method6631-(80/145)
    G/S284
    Valuation of U.S. dollar pursuant to Rule O-2(a), method6709-(80/189) S286
    Special Drawing Rights Department, payment of net charges and assessment7116-(82/68) S311
    Stabilization of prices of primary products, Fund facility; see Buffer stock financing facility
    Stand-by arrangements:
    Amendment to utilize supplementary financing7047-(82/13)68
    7048-(82/13)69
    Amounts to be made available under enlarged access policy decision, guidelines6783-(81/40)43
    7600-(84/3)46
    Augmentation of rights to make purchases, elimination5706-(78/39)67
    Charges6838-(81/70)61
    Conditionality, guidelines6056-(79/38)22
    Exclusion of purchases for purposes of definition of “reserve tranche purchase”6830-(81/65)315
    Extended Fund facility, relationship*4377-(74/114)31
    Foreign borrowing, performance criteria6230-(79/140)25
    Form under enlarged access policy*6838-(81/70)57
    7048-(82/13)69
    Ineligibility*270-(53/95)56
    *6838-(81/70)60
    Misreporting and noncomplying purchases, guidelines on corrective action7842-(84/165)71
    Overdue payments to the Fund, purchases from Fund7908-(85/26)70
    Payments arrears, performance criteria3153-(70/95)262, 263
    Period*270-(53/95)55
    5508-(77/127)35
    6783-(81/40)42
    Performance criteria and phasing, operational guidelines7925-(85/38)74
    Policies and procedures*270-(53/95)55
    Provision for enlarged access to Fund’s resources6783-(81/40)41
    Provision for supplementary financing5508-(77/127)34
    6693-(80/177)40
    6725-(81/5)41
    Relationship between performance criteria and phasing of purchases, operational guidelines7925-(85/38)74
    Renewal*270-(53/95)55
    Repurchases; see Repurchases, Currency resulting from purchase under stand-by arrangement
    Suspension of right to engage in purchase transactions*270-(53/95)56
    *6838-(81/70)60
    Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize…, above
    Subscriptions:
    Gold and currency, ownership by Fund170-33
    Payment of quota increasesB/G Res. 31-2370
    B/G Res. 34-2373, 377
    B/G Res. 38-1385, 386, 388
    Reserve assets:
    Guidelines for determining amounts to be paid6266-(79/156)4
    Payment under 8th General Review of QuotasB/G Res. 38-1386
    Subsidy accounts; see Accounts, Subsidy Accounts
    Sugar Agreement, International; see Buffer stock financing facility
    Supplementary financing facility:
    Authorization to make calls under borrowing arrangements6006-(79/3)174
    Charges; see Charges
    Establishment5508-(77/127)34
    Extension of period6725-(81/5)41
    No augmentation of rights to purchase5706-(78/39)67
    Replenishment of Fund’s holdings of currencies5509-(77/127)67
    Interest payments under borrowing agreements6163-(79/96)175
    Meaning of “net creditor position in the Fund”6008-(79/3)175
    Report on use6445-(80/43)39
    Repurchases; see Repurchases
    Review of decision on establishment6693-(80/177)40
    6725-(81/5)41
    6683-(80/185) G/TR335
    4773-(75/136)343
    Subsidy Account
    Effect on subsidy cost of substituting supplementary financing for enlarged access resources7047-(82/13)68, 69
    Instrument6683-(80/185)
    G/TR335
    Investment of currencies6854-(81/78)
    SBS342
    Subsidy payments, July 1, 1983-June 30, 19847754-(84/108)
    SBS342
    Transferability of claims; see Transferability of claims
    Utilization of supplementary financing facility for enlarged access resources7047-(82/13)68
    7048-(82/13)69
    Surveillance over exchange rate policies5392-(77/63)10
    Procedures; implementation of three-month period7427-(83/83)17
    Review of procedures6026-(79/13)15
    7645-(84/40)16
    7646-(84/40)16
    7939-(85/49)16
    Swiss National Bank:
    Borrowing agreements with Fund5288-(76/167)152
    5387-(77/61)155
    Transfer charges and interest, media of payment5306-(77/2)160
    5331-(77/15)159
    5488-(77/116)160
    Use of special drawing rights to repay indebtedness6485-(80/77) S292
    Participation in General Arrangements to Borrow*1289-(62/1)139
    Prescription as holder of special drawing rights6485-(80/77) S291
    Transferability of claims under General Arrangements to Borrow7628-(84/25)145
    Switzerland:
    Association with General Arrangements to Borrow1712-(64/29)148
    TTechnical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification649-(57/33)273
    Tin Agreements, International; see Buffer stock financing facility
    Trade, Voluntary Declaration4254-(74/75)275
    B/G Res. 29-10362
    Tranche policies:
    Application in connection with compensatory financing facility6224-(79/135)79
    Application in connection with decision on enlarged access6783-(81/40)42, 44
    Application in connection with supplementary financing facility5508-(77/127)34, 39
    Exclusion of credit tranche purchases for purpose of definition of “reserve tranche purchase”6830-(81/65) 67,315
    Fund attitude to request for transactions within “first credit tranche” and beyond21
    Transferability of claims:
    General Arrangements to Borrow*1289-(62/1)135
    7628-(84/25)145
    Saudi Arabia’s borrowing agreement7629-(84/25)146
    Transitional provisions of Article XIV117-1283
    1034-(60/27)260
    Trust Fund:
    Distribution of profits from sale of gold for benefit of developing countries5069-(76/72)319
    5709-(78/41) TR329
    5832-(78/95) TR330
    6540-(80/98) TR333
    Diversification of investments5972-(78/189)328
    5973-(78/189)
    TR328
    Eligible members, review of list5563-(77/150)
    TR327
    Final payments of profits and loans for period July 1, 1976-June 30, 19785832-(78/95)
    TR330
    Instrument5069-(76/72)319
    Amendment5563-(77/150)
    TR328
    5972-(78/189)328
    6793-(81/45)335
    Means of payment of interest6358-(79/188)
    TR332
    Means of repayment by members on their indebtedness under loan agreements7142-(82/85)
    TR333
    Repayment terms:
    Final loan disbursement6793-(81/45)335
    Review6704-(80/185)
    TR333
    Second period:
    Extension6466-(80/68) TR331
    6676-(80/168)
    TR332
    Extension of period for qualification6202-(79/121)
    TR331
    Timing of loan disbursements6201-(79/121)
    TR330
    Termination and transfer of resources to Special Disbursement Account6683-(80/185) G/TR336, 337
    6704-(80/185)
    TR333
    UUnenforceability; see Exchange contracts
    United Nations:
    Agreement with International Monetary Fund409
    Convention on the Privileges and Immunities of the Specialized Agencies416
    Application to Fund434
    List of members which have accepted with respect to Fund435
    General Assembly Resolution entitled “Uniting for Peace,” due regard by Fund in conduct of its activitiesB/G Res. 6-8350
    United States dollars:
    Determination of value in terms of special drawing right pursuant to Rule O-2(a)6709-(80/189) S286
    Inclusion in operational budgets6772-(81/35)
    G/S104
    Use for payment of interest and other Fund liabilities5288-(76/167)155
    5306-(77/2)160
    5331-(77/15)159
    5387-(77/61)158
    5488-(77/116)160
    6358-(79/188)
    TR332
    *6863-(81/81)222
    Use for repayment by members on their indebtedness under Trust Fund loan agreements7142-(82/85)
    TR333
    Use in payments under oil facility Subsidy Account7420-(83/82)345
    7484-(83/117)346
    Use in payments under supplementary financing facility Subsidy Account7754-(84/108)
    SBS342
    Use of Fund’s resources (see also Borrowing by the Fund; Charges; Extended arrangements; Purchase transactions; Stand-by arrangements):
    Application of same policy for stand-by arrangements as for requests for immediate drawings*270-(53/95)55
    Authority to use resources of Fund, interpretation of Articles of Agreement71-219
    Buffer stock financing*2772-(69/47)88
    Buffer stock financing facility as applied to 1977 International Sugar Agreement5597-(77/171)93
    Buffer stock financing facility as applied to International Tin Agreements:
    4th3179-(70/102)89
    3351-(71/51)90
    5th5127-(76/91)90
    Capital transfers1238-(61/43)19
    Compensatory financing of export fluctuations*6224-(79/135)77, 78
    Compensatory financing of fluctuations in the cost of cereal imports*6860-(81/81)82
    Conditionality, guidelines6056-(79/38)22
    “Consistent with the provisions of this Agreement” in Article V, Section 3, meaning287-319
    Credit tranche policies; see Tranche policies
    Enlarged access, policy on*6783-(81/40)41
    Extended Fund facility*4377-(74/114)28
    “First credit tranche”21
    In accordance with purposes of Fund102-(52/11)20
    Ineligibility:
    Effect on purchases under extended arrangement*6838-(81/70)65
    Effect on purchases under stand-by arrangement*270-(53/95)55, 56
    *6838-(81/70)60
    Under Article V, Section 5284-3109
    Under Article XXVI, Section 2(a) (Article XV, Section 2(a) before Second Amendment)343-(54/47)313
    Interpretation of Articles of Agreement19
    Limit on access to Fund resources, guideline*7600-(84/3)46
    Limitation under Article V, Section 5284-3109
    286-1109
    Monetary stabilization71-219
    Postponement, limitation under Article V, Section 5286-1109
    Reserve tranche purchases; see Reserve tranche purchases
    Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a request*6838-(81/70)65
    Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal*270-(53/95)56
    *6838-(81/70)60
    Stand-by and extended arrangements, forms under enlarged access policy*6838-(81/70)57
    Suspension of exchange transactions, effect on General Arrangements to Borrow*1289-(62/1)136
    Suspension of transactions under extended arrangements6838-(81/70)65
    Suspension of transactions under stand-by arrangements*270-(53/95)56
    *6838-(81/70)60
    Temporary assistance in financing balance of payments deficits71-219
    Tranche policies; see Tranche policies
    Waiver of condition of Article V, Section 3(b)(iii); see Waiver of condition
    Waiver of 200 percent of quota limit*2772-(69/47)88
    6224-(79/135)79
    6860-(81/81)87
    VVoluntary Declaration on Trade and Other Current Account Measures4254-(74/75)275
    B/G Res. 29-10362
    Voting power, elected Executive Directors, effect of change in quota180-5281
    WWaiver of condition of Article V, Section 3(b)(iii)*4377-(74/114)30
    5508-(77/127)38
    6783-(81/40)44
    World Economic Outlook, framework for discussions of international adjustment process5392-(77/63)14

    References are to the Articles of Agreement after the Second Amendment, which entered into force April 1, 1978. References to Articles in effect before the Second Amendment are indexed under their corresponding Articles after the Second Amendment.

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