Article V, Section 6
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Jan 1975
Keywords:
SELD; fund; matter of interpretation; net income of the fund; capital transfer; decision No. 1238; exchange transaction; Currencies; Gold; Multiple currency practices; Credit; Exchange rates; Global; sale of gold; participant's obligation; Rule G-7

Abstract

If a participant wishes to obtain currency by the sale of gold to the Fund in order to discharge the participant’s obligation under Article XXV, Sections 4 and 5 of the Articles of Agreement, the Fund will not levy a handling charge under Rule I-8 of the Rules and Regulations or collect the costs referred to in Rule G-7.

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Cover Selected Decisions (7th Ed)
Selected Decisions (7th Ed)
ISBN:
9781475520408
ISSN:
1087-4275
Publication Date:
01 Jan 1975
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781475520408.014
Pages:
260