17. Summary
Author: International Monetary Fund
Language:
English
Keywords:
PAM; board of governors action; exchange control regulation; exchange resource; Karlsruhe court; exchange contract; private law source; fund law; approach to the interpretation; express reservation; fund's approach; Legal support in revenue administration; Exchange restrictions; Communications in revenue administration

Abstract

The Fund is one of the international organizations that have a power of internal authoritative interpretation. This power is conferred on the Fund by Article XVIII and is exercised by the same organs, the Executive Directors and the Board of Governors, as exercise most of the other powers of the Fund. Although voting is avoided, if a vote had to be taken on a matter of interpretation, it would be taken in accordance with the system of weighted voting that prevails in the Fund, and a majority of the votes cast would be decisive.

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Cover Interpretation by the Fund
Interpretation by the Fund
Author: International Monetary Fund
ISBN:
9781451939118
ISSN:
0538-8759
Publication Date:
01 Jan 1968
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451939118.054
Pages:
76