Article XXVII. Emergency Provisions

International Monetary Fund

Author: International Monetary Fund

Language:: English

Keywords:: AA; Fund; agreement; liquidation of the Fund; decision of the board of governors; activities of the fund; emergency provision; provisions of Schedule K.; Bank liquidation

Abstract

(a) In the event of an emergency or the development of unforeseen circumstances threatening the activities of the Fund, the Executive Board, by an eighty-five percent majority of the total voting power, may suspend for a period of not more than one year the operation of any of the following provisions:

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Articles of Agreement

Author: International Monetary Fund

ISBN:: 9781475593549

Publication Date:: 14 Apr 2016

Publisher:: International Monetary Fund

DOI:: https://doi.org/10.5089/9781475593549.013

Pages:: 134

Abstract
Section 1. Temporary suspension
Section 2. Liquidation of the Fund

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