Article V, Section 5

International Monetary Fund

Author: International Monetary Fund

Language:: English

Keywords:: SELD; allocations of special drawing rights; Japanese yen; capital transfer; decision No. 1238; SDR equivalent; Currencies; Multiple currency practices; Credit; Loans; Interest payments; Global; Caribbean; West Africa; General resource; opinion of the fund; resources of the fund; transaction with the fund; Foreign exchange purchases

Abstract

The Fund has, in the case of a member which has had a previous exchange transaction with the Fund, power to declare the member ineligible or limit its use of the resources of the Fund if the member is, in the opinion of the Fund, using the resources of the Fund in a manner contrary to the purposes of the Fund.

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Selected Decisions (11th Ed)

Author: International Monetary Fund

ISBN:: 9781475584929

ISSN:: 1087-4275

Publication Date:: 30 Apr 1985

Publisher:: International Monetary Fund

DOI:: https://doi.org/10.5089/9781475584929.014

Pages:: 498

Abstract
Ineligibility to Use the Fund’s General Resources
- Use of Fund’s Resources: Limitation and Ineligibility Under Article V, Section 5
- Use of Fund’s Resources: Postponement and Limitation Under Article V, Section 5

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