Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
April 1970
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    Preface

    This volume presents selected decisions and interpretations of the Executive Directors of the International Monetary Fund which were taken or made prior to April 1, 1970, and certain selected documents of the Fund and of the United Nations to which frequent reference is made. With few exceptions, the decisions are of a general nature and relate to certain obligations, policies, and procedures under the Articles of Agreement.

    This issue contains most of the decisions that were published in the first, second, and third issues (September 1962, September 1963, and January 1965), general decisions taken since then, some amendments of decisions, and certain earlier decisions and interpretations which were not incorporated in the previous issues. This issue includes some of the first decisions taken on special drawing rights. Decisions of the Executive Directors which are published in the By-Laws, Rules and Regulations are not included. Member legislation included in earlier issues in the section devoted to Selected Documents has been omitted from the present issue.

    Some of the decisions that were adopted before the modifications of the Articles of Agreement became effective on July 28, 1969 may be affected by those modifications. Any amendments of those decisions will be included in later issues of this collection.

    Joseph Gold

    General Counsel and Director, Legal Department

    Contents

    Reference List of Decision Numbers

    NumberPage
    2-1112
    71-217,19
    117-1114
    124-262
    170-32
    180-5113
    233-212
    237-2101
    269-216
    278-318
    284-2123
    284-335
    284-419
    286-136
    287-320
    292-336
    298-32,117
    408-21
    411-117
    419-163
    446-490
    447-562
    486-2120,132
    493-3121
    510-2133
    534-3110
    574-2, as amended by
    2620-(68/141)112
    595-36
    597-4113
    7-(648)63
    75-(705)13
    102-(52/11)21
    103-(52/12)135
    119-(52/30)64
    144-(52/51)92
    155-(52/57)25
    201-(53/29)95
    270-(53/95)27
    316-(54/27)135
    321-(54/32)7
    343-(54/47)115
    433-(55/42)93
    451-(55/52)20
    488-(56/5), as amended by 2844-(69/90)138
    541-(56/39)67
    572-(56/55)136
    649-(57/33)108
    708-(57/57)140
    876-(59/15)31
    904-(59/32)16
    905-(59/32)141
    955-(59/45)97
    1033-(60/26)136
    1034-(60/27)98
    1107-(60/50)141
    1116-(60/51)137
    1151-(61/6)34
    1238-(61/43)19
    1245-(61/45)10
    1272-(61/53)142
    1283-(61/56)11
    1289-(62/1)68
    1345-(62/23), as amended by 2620-(68/141)33
    1371-(62/36)37
    1477-(63/8), as amended by 2192-(66/81)43
    1543-(63/39)51
    1687-(64/22)55
    1712-(64/29)82
    1813-(65/4), as amended by 2499-(68/77)65
    1951-(65/54)81
    2151-(66/66)87
    2192-(66/81), see 1477- (63/8)
    2377-(67/85)85
    2493-(68/74)116
    2499-(68/77), see also 1813-(65/4)64
    2603-(68/132)30
    2620-(68/141), see 574-2 and 1345-(62/23)
    2772-(69/47)48
    2836- (69/87)49
    2844-(69/90), see 488- (56/5)
    2858-(69/96)82
    2901-(69/122) G/S124
    2914-(69/127)56
    2916-(69/127)61
    2918-(69/128) S126
    2955-(70/8) S126
    2956-(70/8) S126
    2957-(70/8) S127
    2958-(70/8) S127
    2959-(70/8) S128
    2960-(70/8) S128
    2961-(70/8) S129
    2962-(70/8) S128
    2963-(70/8) S130
    2964-(70/8) S129
    2965-(70/8) S130
    2966-(70/8) S130
    2988-(70/19) S131
    2989-(70/19) S131
    3006-(70/24)35
    3010-(70/25) G/S125

    Interpretations Under Article XVIII (a)

    Page
    Interpretation of Articles of Agreement (71-2)17, 19
    Extent of Drawing Rights: Meaning of Article V, Section 3(a) (iii) (451–(55/52))20
    Unenforceability of Exchange Contracts: Fund’s Interpretation of Article VIII, Section 2(b) (446-4)90
    Interpretation of Article IX, Section 7 (534-3)110
    Interpretation of Article XII, Sections 3(b)(i) and 3(f)(2-1)112
    Interpretation of Article XV, Section 2 (343-(54/47))115
    Investment of Fund’s Assets (488-(56/5), as amended by 2844-(69/90))138
    Fund’s Investment Program (905-(59/32))141
    Fund’s Investment Program (1272-(61/53))142
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