Index
(* indicates Decision as amended)
Decision No. | Page | ||||||
---|---|---|---|---|---|---|---|
A Accounting by members for transactions with the Fund | 170-3 | 4 | |||||
Accounts: | |||||||
General Account: | |||||||
Accounts receivable or payable, establishment for adjustment of currency holdings | *3637-(72/41)G/S | 33 | |||||
4667-(75/82) | 34 | ||||||
General Reserve, establishment from net income | 753-(58/17) | 162 | |||||
Payment of expenses of conducting business of Trust Fund and reimbursement | 5069-(76/72) | 186, 193 | |||||
Special account, gold collateral transactions | 1543-(63/39) | 85 | |||||
Transactions to obtain special drawing rights to pay charges or assessments | 3010-(70/25)G/S | 179 | |||||
Transfer of SDRs to participants making purchases from Fund | 3414-(71/98)G/S | 178 | |||||
B/G Res. 28-2 | 200 | ||||||
Use of special drawing rights to settle all charges | 2901-(69/122)G/S | 177 | |||||
3188-(70/106)G/S | 177 | ||||||
Special Drawing Account (see also Exchange rates, Representative rates; Special drawing rights): | |||||||
Participant designated under Article XXV, Section 5, sale of gold to Fund | 2916-(69/127) | 89 | |||||
Payment of interest, charges, and assessments | 3010-(70/25)G/S | 179 | |||||
Review of rules for reconstitution | 2916-(69/127) | 89 | |||||
B/G Res. 28-2 | 199 | ||||||
Subsidy Account | 4773-(75/136) | 81 | |||||
Trust Fund, special accounts | 5069-(76/72) | 192 | |||||
Articles of Agreement: | |||||||
Amendments | |||||||
First | 2493-(68/74) | 165 | |||||
Second | 5049-(76/51) | 166 | |||||
B/G Res. 29-8 | 210 | ||||||
B/G Res. 29-10 | 221 | ||||||
Article I, purposes of the Fund | 287-3 | 36 | |||||
433-(55/42) | 134 | ||||||
1034-(60/27) | 139 | ||||||
1687-(64/22) | 88 | ||||||
4377-(74/114) | 51 | ||||||
4773-(75/136) | 81 | ||||||
5069-(76/72) | 186 | ||||||
Article III, Section 2, adjustment of quotas | 408-2 | 3 | |||||
Article III, Section 3, subscription payments | 298-3 | 4, 6, 7, 167 | |||||
Article III, Sections 3 and 4, changes in quotas | 595-3 | 8 | |||||
Article IV, Section 1, gold value | 298-3 | 6 | |||||
Article IV, Section 2, price of gold | 75-(705) | 11 | |||||
233-2 | 9 | ||||||
Article IV, Section 3, margins | 269-2 | 13 | |||||
904-(59/32) | 13 | ||||||
3463-(71/126) | 15 | ||||||
*3637-(72/41)G/S | 32 | ||||||
4083-(73/104) | 19 | ||||||
Article IV, Section 4(a), exchange stability | 233-2 | 9 | |||||
margins | 3463-(71/126) | 14, 17 | |||||
4083-(73/104) | 18, 21 | ||||||
members’ policies | 4134-(74/4) | 144 | |||||
4232-(74/67) | 22 | ||||||
multiple currency practices | 237-2 | 152 | |||||
Article IV, Section 4(b), purchase and sale of gold. | 411-1 | 31 | |||||
Article IV, Section 5, changes in par values | 71-2 | 30 | |||||
278-3 | 31 | ||||||
Article IV, Section 8, maintenance of gold value of Fund assets | *3637-(72/41)G/S | 33 | |||||
Article V, Section 1, borrowing arrangements | 1289-(62/1) | 31 | |||||
Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning | 287-3 | 106 | |||||
gold tranche purchases | 3386-(71/83) | 70 | |||||
meaning of Section 3(a)(i) | 284-4 | 35 | |||||
meaning of Section 3(a)(iii) | 451-(55/52) | 36 | |||||
stand-by arrangements | 155-(52/57) | 42 | |||||
use of Fund’s resources | 102-(52/11) | 37 | |||||
2836-(69/87) | 69 | ||||||
waivers under | 4241-(74/67) | 72 | |||||
4377-(74/114) | 53 | ||||||
Article V, Section 3(d), gold tranche purchases | 2836-(69/87) | 69 | |||||
Article V, Section 4, gold collateral transactions | 1543-(63/39) | 84 | |||||
stand-by arrangements | 155-(52/57) | 42 | |||||
waivers under | 1543-(63/39) | 84 | |||||
4377-(74/114) | 53 | ||||||
Article V, Section 5, limitation on use | 284-3 | 55 | |||||
286-1 | 55 | ||||||
“is using,” meaning | 292-3 | 56 | |||||
Article V, Section 6, repurchase obligation | 119-(52/30) | 94 | |||||
sales of gold to Fund | 2916-(69/127) | 89 | |||||
voluntary repurchase | 7-(648) | 93 | |||||
Article V, Section 7, repurchase obligations | 124-2 | 90 | |||||
102-(52/11) | 40 | ||||||
Article V, Section 7(b), borrowing arrangements | 1289-(62/1) | 104 | |||||
computations | *3637-(72/41)G/S | 32 | |||||
gold payments of less than one bar | 4087-(73/105) | 94 | |||||
repurchase obligations | 447-5 | 90 | |||||
7-(648) | 93 | ||||||
119-(52/30) | 94 | ||||||
1371-(62/36) | 58 | ||||||
3032-(70/38)G/S | 176 | ||||||
3049-(70/44) | 91 | ||||||
3320-(71/34)G/S | 176 | ||||||
Article V, Section 7(c), repurchase obligations | 419-1 | 91 | |||||
3049-(70/44) | 91 | ||||||
Article V, 8(a), (c), and (e), borrowing arrangements | 1289-(62/1) | 102 | |||||
Article V, Section 8(c), (d), and (e), charges | 4239-(74/67) | 95 | |||||
Article V, Section 8(d), consultation to reduce Fund’s holdings | 102-(52/11) | 39 | |||||
Article V, Section 8(f), rates for computations | *3637-(72/41)G/S | 32 | |||||
stand-by arrangements | 155-(52/57) | 42 | |||||
*270-(53/95) | 45 | ||||||
Article VI, Section 1, use of Fund’s resources | 71-2 | 35 | |||||
541-(56/39) | 97 | ||||||
1238-(61/43) | 35 | ||||||
Article VI, Section 3, controls on capital transfers | 541-(56/39) | 97 | |||||
Article VII, Section 2, borrowing | 1289-(62/1) | 98 | |||||
4242-(74/67) | 122 | ||||||
4635-(75/47) | 127 | ||||||
Article VII, Section 3(b), security restrictions | 144-(52/51) | 133 | |||||
Article VIII, retention quotas | 201-(53/29) | 137 | |||||
bilateralism | 433-(55/42) | 134 | |||||
Article VIII and Article XIV | 1034-(60/27) | 139 | |||||
Article VIII, Section 2(a), security restrictions | 144-(52/51) | 133 | |||||
payments restrictions | 3153-(70/95) | 142 | |||||
Article VIII, Section 2(b), unenforceability of exchange contracts | 446-4 | 131 | |||||
Article VIII, Section 3, discrimination | 955-(59/45) | 138 | |||||
multiple currency practices | 237-2 | 150 | |||||
649-(57/33) | 153 | ||||||
3463-(71/126) | 16 | ||||||
4083-(73/104) | 20 | ||||||
Article IX, Section 7, privilege for communications. | 534-3 | 158 | |||||
Article XII, Sectiona 3(b)(i), and 3(f) | 2-1 | 160 | |||||
Article XII, Sections 3(c) “the preceding two years,” | 597-4 | 161 | |||||
additional appointed Executive Directors | *574-2 | 160 | |||||
Article XII, Section 5, voting power of Executive Directors | 180-5 | 161 | |||||
Article XII, Section 6, establishment of a General Reserve from net income | 753-(58/17) | 162 | |||||
Article XII, Section 8 | 2603-(68/132) | 48 | |||||
Article XIV, retention quotas | 201-(53/29) | 135 | |||||
Articles VIII and XIV | 1034-(60/27) | 139 | |||||
bilateralism | 433-(55/42) | 134 | |||||
Article XIV, Section 2, multiple currency practices | 237-2 | 150 | |||||
3463-(71/126) | 16 | ||||||
4083-(73/104) | 20 | ||||||
security restrictions | 144-(52/51) | 133 | |||||
payments restrictions | 3153-(70/95) | 142 | |||||
transitional arrangements | 446-4 | 131 | |||||
Article XIV, Section 3 | 1034-(60/27) | 139 | |||||
Article XIV, Section 4 | 237-2 | 150 | |||||
117-1 | 163 | ||||||
Article XV, Section 2 | 343-(54/47) | 164 | |||||
Article XV, Section 3, borrowing arrangements | 1289-(62/1) | 107 | |||||
Article XVI, Section 1, stand-by arrangements | 155-(52/57) | 43 | |||||
*270-(53/95) | 45 | ||||||
borrowing arrangements | 1289-(62/1) | 107 | |||||
Article XVIII(a), list of interpretations under | xix | ||||||
Article XIX(b), (c), and (b), net official holdings | 298-3 | 167 | |||||
Article XIX (d) | 298-3 | 5, 170 | |||||
Article XIX(g), currencies deemed convertible | 4279-(74/83) | 171 | |||||
4291-(74/88) | 171 | ||||||
4392-(74/120) | 171 | ||||||
Article XIX(j) | 2836-(69/87) | 69 | |||||
Article XX, Section 2 (g) | 298-3 | 170 | |||||
3463-(71/126) | 17 | ||||||
4083-(73/104) | 21 | ||||||
Article XX, Section 4 | 298-3 | 5, 7 | |||||
Article XX, Section 4(i) | 284-2 | 172 | |||||
Article XXV, Section 2, special drawing rights obtained by participant | 3414-(71/98)G/S | 178 | |||||
*3457-(71/121)G/S | 173 | ||||||
Article XXV, Section 5, sale of gold to Fund by participant designated | 2916-(69/127) | 89 | |||||
Article XXV, Sections 6(a) and 7(f) | *3457-(71/121)G/S | 173 | |||||
Article XXV, Section 6(b), review of rules for reconstitution | B/G Res. 28-2 | 199 | |||||
Article XXVI, Section 5, payment of interest, charges, and assessments | 3010-(70/25)G/S | 179 | |||||
Schedule B | 486-2 | 180 | |||||
510-2 | 181 | ||||||
7-(648) | 93 | ||||||
119-(52/30) | 94 | ||||||
3032-(70/38)G/S | 176 | ||||||
3049-(70/44) | 91 | ||||||
3320-(71/34)G/S | 176 | ||||||
*3637-(72/41)G/S | 32 | ||||||
5069-(76/72) | 185 | ||||||
Schedule D | 1289-(62/1) | 107 | |||||
Schedule E | 1289-(62/1) | 107 | |||||
4242-(74/67) | 126 | ||||||
Schedule G | *3457-(71/121)G/S | 173 | |||||
3829-(72/144)S | 174 | ||||||
B/G Res. 28-2 | 199 | ||||||
Auction system (see also Multiple currency practices) | 237-2 | 148 | |||||
Audit: | |||||||
Subsidy Account | 4773-(75/136) | 82 | |||||
Trust Fund | 5069-(76/72) | 185, 192 | |||||
B Balance of payments position: | |||||||
Assessment of need for assistance from Trust Fund | 5069-(76/72) | 188 | |||||
Currency composition of drawings and repurchases | 1371-(62/36) | 59 | |||||
Discrimination for balance of payments reasons. | 955-(59/45) | 138 | |||||
Bank for International Settlements: | |||||||
Fund assistance in gold transactions | 316-(54/27) | 182 | |||||
Prescription as holder of special drawing rights | B/G Res. 29-1 | 203 | |||||
Bilateralism | 433-(55/42) | 134 | |||||
955-(59/45) | 138 | ||||||
Borrowing by the Fund: | |||||||
General Arrangements to Borrow | 1289-(62/1) | 98 | |||||
Renewals | 1951-(65/54) | 111 | |||||
2858-(69/96) | 112 | ||||||
4421-(74/132) | 112 | ||||||
Switzerland, association of | 1712-(64/29) | 114 | |||||
2377-(67/85) | 117 | ||||||
3363-(71/60) | 119 | ||||||
4858-(75/172) | 120 | ||||||
In connection with oil facility | 4242-(74/67) | 122 | |||||
4635-(75/47) | 127 | ||||||
4916-(75/208) | 128 | ||||||
Authorization to make calls | 4741-(75/120) | 128 | |||||
4917-(75/208) | 129 | ||||||
Calls, order | 4918-(75/208) | 129 | |||||
Interest payment | 4490-(74/140) | 129 | |||||
4636-(75/47) | 130 | ||||||
4919-(75/208) | 130 | ||||||
Buffer stocks, international, financing | *2772-(69/47) | 66 | |||||
Fourth International Tin Agreement | 3179-(70/102) | 67 | |||||
3351-(71/51) | 68 | ||||||
Gold tranche purchases | 3386-(71/83) | 70 | |||||
C Capital transfers: | |||||||
Controls by members | 541-(56/39) | 97 | |||||
4232-(74/67) | 29 | ||||||
B/G Res. 29-10 | 219 | ||||||
Restrictions | 237-2 | 148 | |||||
Use of Fund’s resources for | 1238-(61/43) | 35 | |||||
Central banks, conversion of currency | 1371-(62/36) | 62 | |||||
“Central holdings,” meaning | 298-3 | 167 | |||||
Central rates | 3463-(71/126) | 14 | |||||
4083-(73/104) | 18 | ||||||
“Changing circumstances,” adaptation of multiple currency practices | 237-2 | 152 | |||||
Charges: | |||||||
Extended Fund facility | 4377-(74/114) | 53 | |||||
4720-(75/114) | 54 | ||||||
Future changes | 4239-(74/67) | 95 | |||||
General Arrangements to Borrow | 1289-(62/1) | 102 | |||||
4421-(74/132) | 112 | ||||||
Gold sales to Fund for payment of repurchase obligations | 119-(52/30) | 94 | |||||
Gold tranche purchases, no service charge after July 27, 1969 | 2836-(69/87) | 70 | |||||
Gold transactions of members | 103-(52/12) | 182 | |||||
Level for reduction of Fund’s holdings pursuant to Article V, Section 8(d) | 102-(52/ll) | 39 | |||||
Oil facility | 424l-(74/67) | 73 | |||||
4634-(75/47) | 77 | ||||||
Payment in special drawing rights | 2901-(69/122)G/S | 177 | |||||
3010-(70/25)G/S | 179 | ||||||
3188-(70/106)G/S | 177 | ||||||
Stand-by arrangements | 155-(52/57) | 42 | |||||
*270-(53/95) | 45 | ||||||
Refund | *1345-(62/23) | 49 | |||||
Trust Fund loans, interest | 5069-(76/72) | 190 | |||||
Coins, dealings deemed “other exchange transactions” within meaning of Article IV, Section 3 (see also Margins) | 269-2 | 13 | |||||
Committee on Reform of the International Monetary System and Related Issues | B/G Comp. Res. | 207 | |||||
Agreement that members avoid policies affecting other members | 4134-(74/4) | 144 | |||||
Final report and termination | B/G Res. 29-7 | 208 | |||||
Guidelines for floating rates, application | 4232-(74/67) | 23 | |||||
Rome Communiqué, member policies not inconsistent with when requesting purchase under oil facility | 424l-(74/67) | 71, 73 | |||||
Support of extended Fund facility | 4377-(74/114) | 50 | |||||
Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 155 | |||||
Commodities (see also Compensatory financing…): | |||||||
Buffer stock financing | *2772- (69/47) | 66 | |||||
Tin | 3179-(70/102) | 67 | |||||
3351-(71/51) | 68 | ||||||
Export shortfalls | 4912-(75/207) | 63 | |||||
Reclassification where subject to multiple currency practices | 237-2 | 150, 152 | |||||
Communications, privilege for | 534-3 | 158 | |||||
Compensatory financing of export fluctuations | 4912-(75/207) | 62 | |||||
Gold tranche purchases | 2836-(69/87) | 69 | |||||
“Consistent with the provisions of this Agreement,” meaning in Article V, Section 3 | 287-3 | 36 | |||||
Consultations with members: | |||||||
Bilateral arrangements | 433-(55/42) | 135 | |||||
Commodity field, attention to policies | 2772-(69/47) | 67 | |||||
Currencies to be drawn and to be used in repurchases | 1371-(62/36) | 57, 58 | |||||
3049-(70/44) | 91 | ||||||
Exchange measures needing approval under Article VIII | 1034-(60/27) | 140 | |||||
External transactions in gold | 75-(705) | 11 | |||||
Floating exchange rates | 4232-(74/67) | 22 | |||||
Gold production subsidies | 233-2 | 9 | |||||
Members’ policies in present circumstances | 4l34-(74/4) | 144 | |||||
Multiple currency practices | 237-2 | 146 | |||||
Periodic discussions under Article VIII | 1034-(60/27) | 140 | |||||
Purchases under oil facility | 4241-(74/67) | 72 | |||||
Reduction in Fund’s holdings | 102-(52/ll) | 39 | |||||
Retention quotas | 201-(53/29) | 136 | |||||
Stand-by arrangements: | |||||||
Clauses included | 2603-(68/132) | 48 | |||||
Resumption of purchases | *270-(53/95) | 45 | |||||
Whether measure is exchange restriction | 1034-(60/27) | 139 | |||||
Convertibility: | |||||||
Acceptance of obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 139 | |||||
Approval of exchange restrictions | 1034-(60/27) | 139 | |||||
Balances of Article XIV currencies deemed convertible under Article XIX (g): | |||||||
Indonesian rupiah | 4291-(74/88) | 171 | |||||
Spanish peseta | 4279-(74/83) | 171 | |||||
Venezuelan bolívar | 4392-(74/120) | 171 | |||||
Bilateralism | 433-(55/42) | 134 | |||||
Consultation with Fund | 1034-(60/27) | 139 | |||||
Convertible currency margins | 904-(59/32) | 13 | |||||
Credit arrangements; see Borrowing by the Fund Currencies to be drawn and to be used in repurchases | 1371-(62/36) | 56 | |||||
3049-(70/44) | 91 | ||||||
3414-(71/98)G/S | 178 | ||||||
Discrimination | 955-(59/45) | 138 | |||||
Exclusion of currencies recently made convertible in calculation of repurchase obligations | 510-2 | 181 | |||||
Multiple currency practices; see Multiple currency practices | |||||||
Restrictions for security reasons | 144-(52/51) | 133 | |||||
Retention quotas | 201-(53/29) | 136 | |||||
Credit tranches; see Tranche policies | |||||||
Creditworthiness, factor in determining use of Fund’s resources | 102-(52/ll) | 38 | |||||
*270-(53/95) | 43 | ||||||
Currencies (see also Convertibility; Investment): | |||||||
Adjustment of Fund’s holdings | *3637-(72/4l)G/S | 32 | |||||
4667-(75/82) | 33 | ||||||
Arrangements for use in operations and transacactions of Fund | B/G Res. 31-2 | 224 | |||||
Conversion | 298-3 | 169 | |||||
119-(52/30) | 94 | ||||||
1371-(62/36) | 61 | ||||||
Convertible, use to obtain special drawing rights to pay charges or assessments | 3010-(70/25)G/S | 179 | |||||
Intervention | 3463-(71/126) | 15, 17 | |||||
4083-(73/104) | 18, 19, 21 | ||||||
Payment of subscriptions for quota increases | B/G Res. 31-2 | 223 | |||||
Subscribed to the Fund, ownership | 170-3 | 4 | |||||
To be drawn and to be used in repurchases | 1371-(62/36) | 56 | |||||
3049-(70/44) | 91 | ||||||
3414-(71/98)G/S | 178 | ||||||
Value dates for transfers | *3637-(72/41)G/S | 32 | |||||
D Development Committee; see Joint Ministerial Committee . . . | |||||||
Discriminatory currency arrangements | 3463-(71/126) | 16 | |||||
4083-(73/104) | 20 | ||||||
Discriminatory practices imposed for balance of payments reasons (see also Exchange restrictions) | 955-(59/45) | 138 | |||||
Drawings; see Use of Fund’s resources | |||||||
E Enemy-occupied, former, members, introduction of multiple currency practices | 237-2 | 150, 151 | |||||
Enemy-occupied territories, former, determination of net official holdings | 298-3 | 7 | |||||
“Exceptional circumstances,” meaning in Article XIV, Section 4 | 117-1 | 163 | |||||
237-2 | 150, 151 | ||||||
Exchange contracts, unenforceability | 446-4 | 132 | |||||
Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement | 446-4 | 131 | |||||
Exchange controls on capital transfers | 541-(56/39) | 97 | |||||
Exchange dealings based on parity | 269-2 | 13 | |||||
Exchange dealings under conditions of increasing convertibility | 904-(59/32) | 13 | |||||
Exchange markets: | |||||||
Conversion in; see Currencies, Conversion | |||||||
Intervention | 3463-(71/126) | 17 | |||||
4083-(73/104) | 20,21 | ||||||
4232-(74/67) | 24,27 | ||||||
Exchange rates (see also Margins; Par values): | |||||||
Borrowing arrangements by Fund | 1289-(62/1) | 105 | |||||
Central rates, temporary regime | 3463-(71/126) | 14 | |||||
4083-(73/104) | 18 | ||||||
Computations and adjustment of Fund’s holdings of currencies | *3637-(72/4l)G/S | 32 | |||||
4667-(75/82) | 34 | ||||||
Effective rates | 4232-(74/67) | 27 | |||||
Floating, guidelines | 4232-(74/67) | 21 | |||||
B/G Res. 29-10 | 219 | ||||||
Fluctuating: | |||||||
Multiple currency practices (fixed and fluctuating rates) | 237-2 | 147 | |||||
649-(57/33) | 152 | ||||||
904-(59/32) | 13 | ||||||
Scope of transactions to be agreed with Fund | 237-2 | 148 | |||||
Free markets | 237-2 | 148 | |||||
Fund approval | 3504-(71/134) | 154 | |||||
Provisional, for payment of subscription in case of exchange transaction prior to establishment of initial par value | l687-(64/22) | 88 | |||||
Representative rates under Rule 0-3, computations of members’ currency for which margins are not maintained | *3637-(72/4l)G/S | 32 | |||||
4667-(75/82) | 34 | ||||||
Unification in multiple rate systems a basic objective of Fund | 649-(57/33) | 153 | |||||
Exchange restrictions: | |||||||
Approval | 1034-(60/27) | 140 | |||||
Avoidance of escalation | 4l34-(74/4) | 144 | |||||
4254-(74/75) | 155 | ||||||
Avoidance of use | 4912-(75/207) | 63 | |||||
Bilateralism | 433-(55/42) | 134 | |||||
Capital transactions; see Capital transfers Consultations with Fund | 1034-(60/27) | 140 | |||||
Discrimination | 955-(59/45) | 138 | |||||
Guiding principle of whether measure is a restriction on payments and transfers for current international transactions | 1034-(60/27) | 139 | |||||
Introduction | 1034-(60/27) | 140 | |||||
Maintenance | 1034-(60/27) | 140 | |||||
Member with floating rate | 4232-(74/67) | 25 | |||||
Multiple currency practices | 237-2 | 147 | |||||
649-(57/33) | 153 | ||||||
Retention quotas | 201-(53/29) | 135 | |||||
Security reasons; see Payments restrictions Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 139 | |||||
Withdrawal | 117-1 | 163 | |||||
Exchange stability: | |||||||
External transactions in gold at premium prices. | 75-(705) | 10 | |||||
Fund statement of June 18, 1947 | 11 | ||||||
Floating exchange rates | 4232-(74/67) | 22 | |||||
Gold subsidies | 233-2 | 9 | |||||
Multiple currency practices | 237-2 | 147 | |||||
Obligation of members | 3463-(71/126) | 15, 17 | |||||
Exchange systems, avoidance of use for nonbalance | 1034-(60/27) | 140 | |||||
Exchange taxes | 237-2 | 148, 152 | |||||
Exchange transactions (for purchases of exchange from the Fund, see Use of Fund’s resources): | |||||||
Fluctuating rates of exchange | 237-2 | 148 | |||||
“Other,” dealings in paper money and coins | 269-2 | 13 | |||||
Prior to establishment of initial par value | 1687-(64/22) | 88 | |||||
Executive Directors: | |||||||
Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c) | 597-4 | 161 | |||||
Appointment by members having 5 largest quotas | 2-1 | 160 | |||||
Consultations on currency composition of drawings and repurchases | 1371-(62/36) | 59 | |||||
Determination of members entitled to appoint under Article XII, Section 3(c) | *574-2 | 160 | |||||
Participation in meetings of Development Committee | B/G Res. 29-9 | 214 | |||||
Participation in meetings of Interim Committee. | B/G Res. 29-8 | 209 | |||||
Prompt notification of request for purchase under stand-by arrangement | 3006-(70/24) | 50 | |||||
Review of oil facility; see Oil facility | |||||||
To receive reports on operation of buffer stock and developments under Fourth International Tin Agreement | 3179-(70/102) | 68 | |||||
Voting power, effect of quota changes | 180-5 | 161 | |||||
Export shortfalls, financing; see Compensatory financing of export fluctuations | |||||||
Extended Fund facility | 4377-(74/ll4) | 50 | |||||
4912-(75/207) | 65 | ||||||
4934-(76/5) | 54 | ||||||
Assistance from Trust Fund | 5069-(76/72) | 188 | |||||
Charge | 4377-(74/ll4) | 53 | |||||
4720-(75/ll4) | 54 | ||||||
F Financial year, application to repurchase obligations | 419-1 | 91 | |||||
447-5 | 90 | ||||||
7-(648) | 93 | ||||||
Floating rates; see Exchange rates | |||||||
Fluctuating rates of exchange; see Exchange rates | |||||||
Free markets; see Exchange rates | |||||||
Full employment, maintenance; see Fundamental disequilibrium | |||||||
Fund resources, use; see Use of Fund’s resources | |||||||
Fundamental disequilibrium: | |||||||
Change in par value | 71-2 | 30 | |||||
Correction by change in par value | 278-3 | 31 | |||||
Full employment | 71-2 | 30 | |||||
Measures necessary to correct, interpretation of Articles of Agreement | 71-2 | 30 | |||||
G General Account; see Accounts | |||||||
General Agreement on Tariffs and Trade | 1034-(60/27) 140 | ||||||
4254-(74/75) | 156 | ||||||
B/G Res. 29-10 | 219 | ||||||
General Arrangements to Borrow; see Borrowing by the Fund | |||||||
General Reserve; see Accounts, General Account | |||||||
Gold (see also Subscriptions): | |||||||
Consultations re external transactions in | 75-(705) | 11 | |||||
Distribution of profits from sale for benefit of developing countries | 5069-(76/72) | 186 | |||||
Handling charge, sale to Fund by participant designated under Article XXV, Section 5 | 2916-(69/127) | 89 | |||||
Looted, claim by members not a “holding” | 298-3 | 6 | |||||
Net official holdings of members | 298-3 | 4, 167 | |||||
Payment of interest and charges under General | |||||||
Arrangements to Borrow | 1289-(62/1) | 102 | |||||
Payment of stand-by charges | 155-(52/57) | 42 | |||||
*270-(53/95) | 45 | ||||||
Payments of less than one bar | 4087-(73/105) | 94 | |||||
Pledge agreement for gold collateral transactions | 1543-(63/39) | 83 | |||||
Premium prices, transactions | 75-(705) | 10 | |||||
233-2 | 9 | ||||||
Fund statement of June 18, 1947 | 11 | ||||||
Purchase or sale for settlement of international transactions | 411-1 | 31 | |||||
Sale, amounts available to Trust Fund | 5069-(76/72) | 191 | |||||
Sale to Fund by participant designated under Article XXV, Section 5 | 2916-(69/127) | 89 | |||||
Sale to Fund in discharge of repurchase obligation—Rule G-7 | 119-(52/30) | 94 | |||||
Sale, transfer of profits to Trust Fund | 5069-(76/72) | 187 | |||||
Study of arrangements in light of agreed objectives of international monetary reform | B/G Res. 29-10 | 220 | |||||
Subscribed to Fund, ownership | 170-3 | 4 | |||||
Subsidies for production, members’ obligation to consult Fund | 233-2 | 9 | |||||
Transactions at premium prices; see Premium prices, above | |||||||
Transactions of members, Fund assistance | 103-(52/12) | 182 | |||||
316-(54/27) | 182 | ||||||
572-06/55) | 183 | ||||||
1033-(60/26) | 183 | ||||||
1116- (60/51) | 184 | ||||||
Gold tranche transactions (see also Use of Fund’s resources): | |||||||
Buffer stock financing facility | 3386-(71/83) | 70 | |||||
Charges under stand-by arrangements | 155-(52/57) | 43 | |||||
*270-(53/95) | 46 | ||||||
Compensatory financing of export fluctuations | 2836-(69/87) | 69 | |||||
Members given overwhelming benefit of doubt | 102-(52/11) | 40 | |||||
Prior to establishment of initial par value | 1687-(64/22) | 88 | |||||
Prior to use of oil facility | 4337-(74/102) | 76 | |||||
4638-(75/47) | 78 | ||||||
Procedure for drawings | 2836-(69/87) | 69 | |||||
Repurchase | 102-(52/ll) | 40 | |||||
Service charge, elimination | 2836-(69/87) | 70 | |||||
H“Holding” of gold or United States dollars, meaning | 298-3 | 5 | |||||
Holdings of the Fund; see Currencies; Repurchases | |||||||
I Import restrictions imposed for balance of payments reasons, GATT members | 1034-(60/27) | 140 | |||||
Income, net, of the Fund, establishment of General Reserve from | 753-(58/17) | 162 | |||||
Ineligibility; see Stand-by arrangements; Use of Fund’s resources; Withdrawal from membership | |||||||
Interest: | |||||||
Charge on loans from Trust Fund | 5069-(76/72) | 190 | |||||
Payment on Fund indebtedness under General Arrangements to Borrow | 1289-(62/1) | 102 | |||||
4421-(74/132) | 112 | ||||||
Payment on Fund indebtedness under oil facility | 4242-(74/76) | 124 | |||||
4490-(74/140) | 129 | ||||||
4635-(75/47) | 127 | ||||||
4636-(75/47) | 130 | ||||||
4919-(75/208) | 130 | ||||||
Special drawing rights | 3010-(70/25)G/S | 179 | |||||
Interim Committee of the Board of Governors on the International Monetary System, establishment | B/G Res. 29-8 | 208 | |||||
International Monetary Fund: | |||||||
Administration of Trust Fund | 5069-(76/72) | 191 | |||||
Agreement with United Nations | 227 | ||||||
UN Convention on Privileges and Immunities, application to Fund | 255 | ||||||
members which have accepted with respect to Fund | 256 | ||||||
International monetary system, reform | B/G Comp. Res. | 207 | |||||
International Tin Agreement, Fourth, Fund’s buffer stock financing facility | 3179-(70/102) | 67 | |||||
3351-(71/51) | 68 | ||||||
Intervention; see Currencies; Exchange markets | |||||||
“Is using,” meaning in Article V, Section 5 | 292-3 | 56 | |||||
Investment: | |||||||
Currencies held in Subsidy Account | 4773-(75/136) | 82 | |||||
Currency balances held by Trust Fund | 5069-(76/72) | 193 | |||||
J Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries, establishment | B/G Res. 29-9 | 212 | |||||
M Managing Director: | |||||||
Arrangements for consultations on payment of interest on loans under oil facility | 4490-(74/140) | 129 | |||||
4636-(75/47) | 130 | ||||||
4919-(75/208) | 130 | ||||||
Authority to establish Subsidy Account | 4773-(75/136) | 81 | |||||
Authority to make calls under borrowing arrangements for oil facility | 4741-(75/120) | 128 | |||||
4917-(75/208) | 129 | ||||||
Consultation by eligible member to request assistance from Trust Fund | 5069-(76/72) | 188 | |||||
Consultation on currencies and amounts to be used in acquiring special drawing rights | 3010-(70/25)G/S | 179 | |||||
Consultation with member contemplating request under extended Fund facility | 4377-(74/114) | 51 | |||||
Consultations on currencies to be drawn and used in repurchases | 1371-(62/36) | 57, 58 | |||||
3049-(70/44) | 91 | ||||||
Initiation of procedure for calls under General Arrangements to Borrow | 1289-(62/1) | 101 | |||||
1712-(64/29) | 115 | ||||||
Participation in meetings of Development Committee | B/G Res. 29-9 | 214 | |||||
Participation in meetings of Interim Committee. | B/G Res. 29-8 | 210 | |||||
Margins (see also Exchange rates): | |||||||
Exchange rates for spot exchange transactions in a convertible currency | 904-(59/32) | 13 | |||||
Maintenance against intervention currency | 3463-(71/126) | 17 | |||||
4083-(73/104) | 21 | ||||||
“Other exchange transactions” (paper money and coins) | 269-2 | 13 | |||||
Price of gold | 75-(705) | 10 | |||||
233-2 | 9 | ||||||
Rates differing from parity by more than 1 percent constitute multiple currency practices | 237-2 | 152 | |||||
Rates not maintained within margins under Article IV, Section 3 | *3637- (72/41)G/S | 32 | |||||
Spot exchange transactions | 904-(59/32) | 13 | |||||
3463-(71/126) | 14 | ||||||
4083-(73/104) | 18 | ||||||
Wider, temporary regime | 3463-(71/126) | 14 | |||||
4083-(73/104) | 18 | ||||||
Monetary reserves of members: | |||||||
Calculation | 486-2 | 180 | |||||
510-2 | 181 | ||||||
3049-(70/44) | 92 | ||||||
Exclusion of special drawing rights | 2901-(69/122)G/S | 175 | |||||
3034-(70/38) | 175 | ||||||
3032-(70/38)G/S | 176 | ||||||
3320-(71/34)G/S | 176 | ||||||
Data, means to speed collection and reporting | 102-(52/11) | 40 | |||||
Effect of payment of gold subscriptions | 124-2 | 90 | |||||
Importance of gold holdings | 75-(705) | 11 | |||||
Use in repurchases under Article V, Section 7(b) | 447-5 | 90 | |||||
Monetary stabilization operations, use of Fund’s resources | 71-2 | 35 | |||||
Money; see Paper money | |||||||
Multiple currency practices (see also Exchange rates; Exchange restrictions): | |||||||
![]() |
|||||||
237-2 | 145 | ||||||
649-(57/33) | 152 | ||||||
Fund approval | 3504-(71/134) | 154 | |||||
Margin for spot exchange transactions | 904-(59/32) | 13 | |||||
Rates differing from parity by more than 1 percent | 237-2 | 152 | |||||
Temporary regime of central rates and wider margins | 3463-(71/126) | 16 | |||||
4083-(73/104) | 20 | ||||||
N Net official holdings of members, principles of interpretation | 298-3 | 4, 167 | |||||
O “Official holdings of a member,” meaning | 298-3 | 167 | |||||
Oil facility | 4241-(74/67) | 70 | |||||
4393-(74/121) | 75 | ||||||
4529-(74/153) | 75 | ||||||
1975 facility | 4634-(75/47) | 76 | |||||
Review of decision | 4769-(75/133) | 78 | |||||
4874-(75/180) | 79 | ||||||
4900-(75/198) | 80 | ||||||
4954-(76/l6) | 80 | ||||||
4986-(76/47) | 81 | ||||||
Subsidy Account to assist members most seriously affected by situation | 4773-(75/136) | 81 | |||||
Borrowing | 4242-(74/67) | 122 | |||||
4490-(74/140) | 129 | ||||||
4635-(75/47) | 127 | ||||||
4636-(75/47) | 130 | ||||||
4741-(75/120) | 128 | ||||||
4916-(75/208) | 128 | ||||||
4917-(75/208) | 129 | ||||||
4918-(75/208) | 129 | ||||||
4919-(75/208) | 130 | ||||||
Prior use of gold tranche | 4337-(74/102) | 76 | |||||
4638-(75/47) | 78 | ||||||
“Other official institutions” and “other banks,” meaning | 298-3 | 168 | |||||
Paper money, dealings deemed “other exchange transactions” within meaning of Article IV, Section 3 | 269-2 | 13 | |||||
Par values (see also Central rates; Margins): | |||||||
Change to correct a fundamental disequilibrium | 71-2 | 30 | |||||
278-3 | 31 | ||||||
Exchange transactions prior to establishment of initial par value | l687-(64/22) | 88 | |||||
Extent of change | 278-3 | 31 | |||||
Fund’s authority | 278-3 | 31 | |||||
Payments arrears | 3153-(70/95) | 142 | |||||
Payments policies of members | 4134-(74/4) | 144 | |||||
Payments restrictions (see also Exchange restrictions; Payments arrears): | |||||||
For security reasons, Fund jurisdiction | 144-(52/51) | 133 | |||||
Withdrawal or general abandonment | 117-1 | 163 | |||||
Petroleum; see Oil facility | |||||||
“Presently needed,” meaning in Article V, Section 3(a) (i) | 284-4 | 36 | |||||
Prior agreement of Fund; see Repurchases | |||||||
Prior notice to Fund, imposition of payments restrictions for security reasons | 144-(52/51) | 133 | |||||
Purchase transactions; see Use of Fund’s resources | |||||||
Q Quotas: | |||||||
Adjustment, first interval of five years | 408-2 | 3 | |||||
Change: | |||||||
Effect on voting power of elected Executive Director | 180-5 | 161 | |||||
Payment | 595-3 | 8 | |||||
Increases | B/G Res. 31-2 | 222 | |||||
Relation to drawing rights | 451-(55/52) | 37 | |||||
Review, first | 408-2 | 3 | |||||
Review, sixth general | B/G Res. 29-10 B/G Res. 31-2 |
221 222 |
|||||
R Rates for official communications of Fund | 534-3 | 158 | |||||
Rates of exchange; see Exchange rates; Multiple currency practices | |||||||
Reconstitution of special drawing rights, procedures* | 3457-(71/121)G/S | 173 | |||||
3829-(72/144)S | 174 | ||||||
B/G Res. 28-2 | 199 | ||||||
Refunds; see Stand-by arrangements, Charges | |||||||
Repayment by Fund of borrowed currency | 1289-(62/1) | 103 | |||||
1712-(64/29) | 115 | ||||||
4242-(74/67) | 124 | ||||||
4421-(74/132) | 113 | ||||||
Representative rates; see Exchange rates | |||||||
“Represents,” meaning in Article V, Section 3 (a)(i) | 284-4 | 35 | |||||
Repurchase obligations: | |||||||
Application at end of financial year in which calculated | 419-1 | 91 | |||||
Calculation | 486-2 | 180 | |||||
510-2 | 181 | ||||||
Effect of payment of subscriptions | 124-2 | 90 | |||||
Exceeding limit specified in Article V, Section 7(c) | 3049-(70/44) | 91 | |||||
Gold payments less than one bar | 4087-(73/105) | 94 | |||||
Relation to Rule G-7 | 119-(52/30) | 94 | |||||
Repayment within period of 3 to 5 years | 102-(52/11) | 39 | |||||
Use of monetary reserves for repurchases under Article V, Section 7(b) | 447-5 | 90 | |||||
Repurchases: | |||||||
Augmentation of stand-by arrangement by equivalent amount | 876-(59/15) | 47 | |||||
Buffer stock financing | *2772-(69/47) | 67 | |||||
Currency composition | 1371-(62/36) | 56, 61 | |||||
3049-(70/44) | 91 | ||||||
Currency borrowed by Fund | 1289-(62/l) | 104 | |||||
Drawings under compensatory financing decision | 4912-(75/207) | 64 | |||||
Exclusion of special drawing rights | 2901-(69/122)G/S | 175 | |||||
3032-(70/38)G/S | 176 | ||||||
3034-(70/38) | 175 | ||||||
3320-(71/34)G/S | 176 | ||||||
Extended Fund facility | 4377-(74/114) | 53 | |||||
Gold collateral transactions | 1543-(63/39) | 84 | |||||
Of Fund’s holdings | 102-(52/11) | 37 | |||||
*270-(53/95) | 43 | ||||||
Oil facility | 4241-(74/67) | 73 | |||||
4634-(75/47) | 77 | ||||||
Prior agreement of Fund needed | 1371-(62/36) | 58 | |||||
Sale of gold to Fund—Rule G-7 | 119-(52/30) | 94 | |||||
Use of special drawing rights | 2901-(69/122)G/S | 177 | |||||
3188-(70/106)G/S | 177 | ||||||
Voluntary | 7-(648) | 93 | |||||
Reserve, General, of the Fund; see Accounts, General Account | |||||||
Reserve position of members, consideration in currency composition of drawings and repurchases | 1371-(62/36) | 59 | |||||
Restrictions; see Exchange restrictions; Payments restrictions | |||||||
Retention quotas | 201-(53/29) | 135 | |||||
Rule G-7, sale of gold to Fund in discharge of repurchase obligation | 119-(52/30) | 94 | |||||
Rule O-3, rates for computations and adjustment of Fund’s holdings of currencies | *3637-(72/41)G/S | 33 | |||||
4667-(75/82) | 34 | ||||||
Rule P-2, reconstitution, allocation of SDRs | *3457-(71/121)G/S | 173 | |||||
S Schedules B, D, E, G; see Articles of Agreement | |||||||
Securities; see Investment | |||||||
Security, payments restrictions imposed for | 144-(52/51) | 133 | |||||
“Similar fiscal agency,” meaning | 298-3 | 167 | |||||
Special Drawing Account; see Accounts | |||||||
Special drawing rights: | |||||||
Assumption with respect to allocations or cancellations | *3457-(71/121)G/S | 173 | |||||
3829-(72/144) | 174 | ||||||
Exclusion in calculating monetary reserves | 2901-(69/122)G/S | 175 | |||||
3032-(70/38)G/S | 176 | ||||||
3034-(70/38) | 175 | ||||||
3320-(71/34)G/S | 176 | ||||||
Holder, Bank for International Settlements | B/G Res. 29-1 | 203 | |||||
Interim valuation | B/G Res. 29-10 | 220 | |||||
Loans from Trust Fund expressed in | 5069-(76/72) | 190 | |||||
Obtained in transaction through General Account to pay charges or assessments | 3010-(70/25)G/S | 179 | |||||
Obtained to promote reconstitution | *3457-(71/121)G/S | 173 | |||||
Review of rules for reconstitution | B/G Res. 28-2 | 199 | |||||
Transfer to participants making purchases from Fund | 3414-(71/98)G/S | 178 | |||||
Use in payment of 25 per cent of quota increases | B/G Res. 31-2 | 223 | |||||
Use in repurchases and payment of charges | 2901-(69/122)G/S 3188-(70/106)G/S |
177 177 |
|||||
Valuation, change, application in borrowing under oil facility | 4242-(74/67) | 125 | |||||
Valuation for adjustment of member’s currency holdings | 4667-(75/82) | 34 | |||||
Spot exchange transactions | 904-(59/32) | 13 | |||||
3463-(71/126) | 14 | ||||||
4083-(73/104) | 18 | ||||||
Stabilization of prices of primary products | *2772-(69/47) | 66 | |||||
Fourth International Tin Agreement: buffer stock financing | 3179-(70/102) | 67 | |||||
3351-(71/51) | 68 | ||||||
Stand-by arrangements: | |||||||
Amounts | 155-(52/57) | 42 | |||||
*270-(53/95) | 44 | ||||||
876-(59/15) | 47 | ||||||
Assistance to member from Trust Fund | 5069-(76/72) | 188 | |||||
Augmentation by amounts of repurchases | 876-(59/15) | 47 | |||||
Avoidance of contractual language | 2603-(68/132) | 49 | |||||
Cancellation, repayment of portion of charge | *270-(53/95) | 46 | |||||
Charges | 155-(52/57) | 42 | |||||
*270-(53/95) | 45 | ||||||
Refund | *1345-(62/23) | 49 | |||||
Consultation, phasing and performance clauses | 2603-(68/132) | 48 | |||||
Currency borrowed by the Fund | 1289-(62/1) | 104 | |||||
Currency composition of drawings | 1371-(62/36) | 57 | |||||
Extended Fund facility, relationship | 4377-(74/114) | 54 | |||||
First credit tranche, increase | 4934-(76/5) | 41 | |||||
Gold tranche drawings | 155-(52/57) | 43 | |||||
*270-(53/95) | 46 | ||||||
2836-(69/87) | 69 | ||||||
Ineligibility | 155-(52/57) | 43 | |||||
*270-(53/95) | 44 | ||||||
Payments arrears, performance criteria | 3153-(70/95) | 143 | |||||
Period | 155-(52/57) | 42 | |||||
*270-(53/95) | 44 | ||||||
Phasing and performance clauses | 2603-(68/132) | 48 | |||||
Policies and procedures | 155-(52/57) | 42 | |||||
*270-(53/95) | 43 | ||||||
2603-(68/132) | 47 | ||||||
Procedures for purchases under | 3006-(70/24) | 50 | |||||
Renewal | 155-(52/57) | 42 | |||||
*270-(53/95) | 44 | ||||||
Suspension of rights to engage in drawings | 155-(52/57) | 43 | |||||
*270-(53/95) | 45 | ||||||
Subscriptions (see also Net official holdings of members): | |||||||
Currency, payment on basis of provisional exchange rate for exchange transaction prior to establishment of initial par value | 1687-(64/22) | 88 | |||||
Gold: | |||||||
Calculation | 298-3 | 4,169 | |||||
Effect of payment on repurchase obligations | 124-2 | 90 | |||||
Payments for quota increases | 595-3 | 8 | |||||
Gold and currency, ownership by Fund | 170-3 | 4 | |||||
Payment of quota increases | B/G Res. 31-2 | 223 | |||||
Subsidy Account | 4773-(75/136) | 81 | |||||
Switzerland: | |||||||
Association with General Arrangements to Borrow | 1712-(64/29) | 114 | |||||
Extensions | 2377-(67/85) | 117 | |||||
3363-(71/60) | 119 | ||||||
4858-(75/172) | 120 | ||||||
Party to gold transactions with Fund members. | 316-(54/27) | 182 | |||||
T Technical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification | 649-(57/33) | 154 | |||||
Tin Agreement, Fourth International; see Buffer stocks | |||||||
Trade, Voluntary Declaration | 4254-(74/75) | 155 | |||||
B/G Res. 29-10 | 219 | ||||||
Tranche policies (see also Gold tranche) | 41 | ||||||
2603-(68/132) | 48 | ||||||
2836-(69/87) | 69 | ||||||
4241-(74/67) | 72 | ||||||
4377-(74/114) | 51,53 | ||||||
4912-(75/207) | 65,66 | ||||||
Increase in credit tranches | 4934-(76/5) | 41 | |||||
Purchases on concessional terms | 5069-(76/72) | 188 | |||||
Transfers, restrictions on; see Exchange restrictions; Payments restrictions | |||||||
Transitional provisions of Article XIV | 1034-(60/27) | 139 | |||||
237-2 | 147,151 | ||||||
117-1 | 163 | ||||||
Trust Fund | 5069-(76/72) | 185 | |||||
U Unenforceability; see Exchange contracts United Nations: | |||||||
Agreement with International Monetary Fund | 227 | ||||||
Convention on the Privileges and Immunities of the Specialized Agencies | 235 | ||||||
U.S. dollars, determination of net official holdings of members | 298-3 | 4,167 | |||||
“United States dollars,” holdings of, interpretation. | 298-3 | 5 | |||||
United States, purchase or sale of gold within meaning of Article IV, Section 4(b) | 411-1 | 31 | |||||
Use of Fund’s resources (see also Borrowing by the Fund; Charges; Stand-by arrangements): | |||||||
Application of same policy to stand-by arrangements as to requests for immediate drawings | 155-(52/57) | 42 | |||||
*270-(53/95) | 44 | ||||||
Authority to use resources of Fund | 71-2 | 35 | |||||
Balance of payments deficit on current account | 71-2 | 35 | |||||
Buffer stock facility as applied to Fourth International Tin Agreement | 3179-(70/102) | 67 | |||||
3351-(71/51) | 68 | ||||||
Buffer stock financing | *2772-(69/47) | 66 | |||||
Capital transfers | 1238-(61/43) | 35 | |||||
Conditions in Article V, Section 3 (a) (i) | 284-4 | 35 | |||||
Concessional terms; see Trust Fund | |||||||
“Consistent with the provisions of this Agreement” in Article V, Section 3, meaning | 287-3 | 36 | |||||
Credit tranches, increase | 4934-(76/5) | 41 | |||||
Currency borrowed by the Fund | 1289-(62/1) | 103 | |||||
Currency composition of drawings | 1371-(62/36) | 56 | |||||
Drawing policies in connection with compensatory financing of export fluctuations | 4912-(75/207) | 62 | |||||
Drawing rights, meaning of 25 per cent of quota | 451-(55/52) | 36 | |||||
Exchange transactions prior to establishment of initial par value | 1687-(64/22) | 88 | |||||
Extended Fund facility | 4377-(74/114) | 50 | |||||
4912-(75/207) | 65 | ||||||
4934-(76/5) | 54 | ||||||
“First credit tranche” | 41 | ||||||
Gold collateral transactions | 1543-(63/39) | 83 | |||||
“Gold tranche” drawings | 102-(52/11) | 40 | |||||
155-(52/57) | 43 | ||||||
*270-(53/95) | 46 | ||||||
1687-(64/22) | 88 | ||||||
2836-(69/87) | 69 | ||||||
3386-(71/83) | 70 | ||||||
4337-(74/102) | 76 | ||||||
4638-(75/47) | 78 | ||||||
In accordance with purposes of Fund | 102-(52/11) | 37,40 | |||||
Ineligibility: | |||||||
Effect on purchases under stand-by arrangement | 155-(52/57) | 42 | |||||
*270-(53/95) | 44 | ||||||
Under Article V, Section 5 | 284-3 | 55 | |||||
Under Article XV, Section 2 (a) | 343-(54/47) | 164 | |||||
“Is using” in Article V, Section 5, meaning | 292-3 | 56 | |||||
Limitation under Article V, Section 5 | 284-3 | 55 | |||||
286-1 | 55 | ||||||
Monetary stabilization | 71-2 | 35 | |||||
Oil facility; see Oil facility | |||||||
Period of use | 102-(52/11) | 39 | |||||
155-(52/57) | 42 | ||||||
*270-(53/95) | 43 | ||||||
Policy | 102-(52/11) | 37 | |||||
155-(52/57) | 42 | ||||||
*270-(53/95) | 43 | ||||||
649-(57/33) | 154 | ||||||
Postponement: | |||||||
Limitation under Article V, Section 5 | 286-1 | 55 | |||||
Under Article XX, Section 4 (i) | 284-2 | 172 | |||||
“Presently needed” in Article V, Section 3 (a) (i), meaning | 284-4 | 36 | |||||
Prior to establishment of initial par value | 1687-(64/22) | 88 | |||||
Purchases under stand-by arrangements, procedure | 3006-(70/24) | 50 | |||||
“Represents” in Article V, Section 3 (a)(i), meaning | 284-4 | 35 | |||||
Requests from members proposing appropriate and adequate exchange simplification and related economic programs to be given sympathetic consideration | 649-(57/33) | 154 | |||||
Resumption of purchases under a stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 45 | |||||
Suspension of exchange transaction, effect on borowing arrangements | 1289-(62/1) | 107 | |||||
Suspension of transactions under stand-by arrangements | 155-(52/57) | 43 | |||||
*270-(53/95) | 45 | ||||||
Temporary assistance in financing balance of payments deficits | 71-2 | 35 | |||||
Tranche policies | 41 | ||||||
2603-(68/132) | 48 | ||||||
2836-(69/87) | 69 | ||||||
4241-(74/67) | 72 | ||||||
4377-(74/114) | 53 | ||||||
4912-(75/207) | 65 | ||||||
4934-(76/5) | 41 | ||||||
5069-(76/72) | 188 | ||||||
Transfer of SDRs in General Account to participants | 3414-(71/98)G/S | 178 | |||||
Waiver of 200 per cent of quota limit | *2772-(69/47) | 66 | |||||
4912-(75/207) | 65 | ||||||
Waiver of conditions of Article V, Section 3 (a) (iii) | 4241-(74/67) | 72 | |||||
4377-(74/114) | 53 | ||||||
V Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 155 | |||||
B/G Res. 29-10 | 219 | ||||||
Voting power, elected Executive Directors, effect of change in quota | 180-5 | 161 | |||||
W Withdrawal from membership | 343-(54/47) | 164 | |||||
Effect on participant in borrowing arrangement | 1289-(62/1) | 107 | |||||
Lender to oil facility | 4242-(74/67) | 126 | |||||
“Working balances,” meaning | 298-3 | 168 |
Decision No. | Page | |||||
---|---|---|---|---|---|---|
A Accounting by members for transactions with the Fund | 170-3 | 4 | ||||
Accounts: | ||||||
General Account: | ||||||
Accounts receivable or payable, establishment for adjustment of currency holdings | *3637-(72/41)G/S | 33 | ||||
4667-(75/82) | 34 | |||||
General Reserve, establishment from net income | 753-(58/17) | 162 | ||||
Payment of expenses of conducting business of Trust Fund and reimbursement | 5069-(76/72) | 186, 193 | ||||
Special account, gold collateral transactions | 1543-(63/39) | 85 | ||||
Transactions to obtain special drawing rights to pay charges or assessments | 3010-(70/25)G/S | 179 | ||||
Transfer of SDRs to participants making purchases from Fund | 3414-(71/98)G/S | 178 | ||||
B/G Res. 28-2 | 200 | |||||
Use of special drawing rights to settle all charges | 2901-(69/122)G/S | 177 | ||||
3188-(70/106)G/S | 177 | |||||
Special Drawing Account (see also Exchange rates, Representative rates; Special drawing rights): | ||||||
Participant designated under Article XXV, Section 5, sale of gold to Fund | 2916-(69/127) | 89 | ||||
Payment of interest, charges, and assessments | 3010-(70/25)G/S | 179 | ||||
Review of rules for reconstitution | 2916-(69/127) | 89 | ||||
B/G Res. 28-2 | 199 | |||||
Subsidy Account | 4773-(75/136) | 81 | ||||
Trust Fund, special accounts | 5069-(76/72) | 192 | ||||
Articles of Agreement: | ||||||
Amendments | ||||||
First | 2493-(68/74) | 165 | ||||
Second | 5049-(76/51) | 166 | ||||
B/G Res. 29-8 | 210 | |||||
B/G Res. 29-10 | 221 | |||||
Article I, purposes of the Fund | 287-3 | 36 | ||||
433-(55/42) | 134 | |||||
1034-(60/27) | 139 | |||||
1687-(64/22) | 88 | |||||
4377-(74/114) | 51 | |||||
4773-(75/136) | 81 | |||||
5069-(76/72) | 186 | |||||
Article III, Section 2, adjustment of quotas | 408-2 | 3 | ||||
Article III, Section 3, subscription payments | 298-3 | 4, 6, 7, 167 | ||||
Article III, Sections 3 and 4, changes in quotas | 595-3 | 8 | ||||
Article IV, Section 1, gold value | 298-3 | 6 | ||||
Article IV, Section 2, price of gold | 75-(705) | 11 | ||||
233-2 | 9 | |||||
Article IV, Section 3, margins | 269-2 | 13 | ||||
904-(59/32) | 13 | |||||
3463-(71/126) | 15 | |||||
*3637-(72/41)G/S | 32 | |||||
4083-(73/104) | 19 | |||||
Article IV, Section 4(a), exchange stability | 233-2 | 9 | ||||
margins | 3463-(71/126) | 14, 17 | ||||
4083-(73/104) | 18, 21 | |||||
members’ policies | 4134-(74/4) | 144 | ||||
4232-(74/67) | 22 | |||||
multiple currency practices | 237-2 | 152 | ||||
Article IV, Section 4(b), purchase and sale of gold. | 411-1 | 31 | ||||
Article IV, Section 5, changes in par values | 71-2 | 30 | ||||
278-3 | 31 | |||||
Article IV, Section 8, maintenance of gold value of Fund assets | *3637-(72/41)G/S | 33 | ||||
Article V, Section 1, borrowing arrangements | 1289-(62/1) | 31 | ||||
Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning | 287-3 | 106 | ||||
gold tranche purchases | 3386-(71/83) | 70 | ||||
meaning of Section 3(a)(i) | 284-4 | 35 | ||||
meaning of Section 3(a)(iii) | 451-(55/52) | 36 | ||||
stand-by arrangements | 155-(52/57) | 42 | ||||
use of Fund’s resources | 102-(52/11) | 37 | ||||
2836-(69/87) | 69 | |||||
waivers under | 4241-(74/67) | 72 | ||||
4377-(74/114) | 53 | |||||
Article V, Section 3(d), gold tranche purchases | 2836-(69/87) | 69 | ||||
Article V, Section 4, gold collateral transactions | 1543-(63/39) | 84 | ||||
stand-by arrangements | 155-(52/57) | 42 | ||||
waivers under | 1543-(63/39) | 84 | ||||
4377-(74/114) | 53 | |||||
Article V, Section 5, limitation on use | 284-3 | 55 | ||||
286-1 | 55 | |||||
“is using,” meaning | 292-3 | 56 | ||||
Article V, Section 6, repurchase obligation | 119-(52/30) | 94 | ||||
sales of gold to Fund | 2916-(69/127) | 89 | ||||
voluntary repurchase | 7-(648) | 93 | ||||
Article V, Section 7, repurchase obligations | 124-2 | 90 | ||||
102-(52/11) | 40 | |||||
Article V, Section 7(b), borrowing arrangements | 1289-(62/1) | 104 | ||||
computations | *3637-(72/41)G/S | 32 | ||||
gold payments of less than one bar | 4087-(73/105) | 94 | ||||
repurchase obligations | 447-5 | 90 | ||||
7-(648) | 93 | |||||
119-(52/30) | 94 | |||||
1371-(62/36) | 58 | |||||
3032-(70/38)G/S | 176 | |||||
3049-(70/44) | 91 | |||||
3320-(71/34)G/S | 176 | |||||
Article V, Section 7(c), repurchase obligations | 419-1 | 91 | ||||
3049-(70/44) | 91 | |||||
Article V, 8(a), (c), and (e), borrowing arrangements | 1289-(62/1) | 102 | ||||
Article V, Section 8(c), (d), and (e), charges | 4239-(74/67) | 95 | ||||
Article V, Section 8(d), consultation to reduce Fund’s holdings | 102-(52/11) | 39 | ||||
Article V, Section 8(f), rates for computations | *3637-(72/41)G/S | 32 | ||||
stand-by arrangements | 155-(52/57) | 42 | ||||
*270-(53/95) | 45 | |||||
Article VI, Section 1, use of Fund’s resources | 71-2 | 35 | ||||
541-(56/39) | 97 | |||||
1238-(61/43) | 35 | |||||
Article VI, Section 3, controls on capital transfers | 541-(56/39) | 97 | ||||
Article VII, Section 2, borrowing | 1289-(62/1) | 98 | ||||
4242-(74/67) | 122 | |||||
4635-(75/47) | 127 | |||||
Article VII, Section 3(b), security restrictions | 144-(52/51) | 133 | ||||
Article VIII, retention quotas | 201-(53/29) | 137 | ||||
bilateralism | 433-(55/42) | 134 | ||||
Article VIII and Article XIV | 1034-(60/27) | 139 | ||||
Article VIII, Section 2(a), security restrictions | 144-(52/51) | 133 | ||||
payments restrictions | 3153-(70/95) | 142 | ||||
Article VIII, Section 2(b), unenforceability of exchange contracts | 446-4 | 131 | ||||
Article VIII, Section 3, discrimination | 955-(59/45) | 138 | ||||
multiple currency practices | 237-2 | 150 | ||||
649-(57/33) | 153 | |||||
3463-(71/126) | 16 | |||||
4083-(73/104) | 20 | |||||
Article IX, Section 7, privilege for communications. | 534-3 | 158 | ||||
Article XII, Sectiona 3(b)(i), and 3(f) | 2-1 | 160 | ||||
Article XII, Sections 3(c) “the preceding two years,” | 597-4 | 161 | ||||
additional appointed Executive Directors | *574-2 | 160 | ||||
Article XII, Section 5, voting power of Executive Directors | 180-5 | 161 | ||||
Article XII, Section 6, establishment of a General Reserve from net income | 753-(58/17) | 162 | ||||
Article XII, Section 8 | 2603-(68/132) | 48 | ||||
Article XIV, retention quotas | 201-(53/29) | 135 | ||||
Articles VIII and XIV | 1034-(60/27) | 139 | ||||
bilateralism | 433-(55/42) | 134 | ||||
Article XIV, Section 2, multiple currency practices | 237-2 | 150 | ||||
3463-(71/126) | 16 | |||||
4083-(73/104) | 20 | |||||
security restrictions | 144-(52/51) | 133 | ||||
payments restrictions | 3153-(70/95) | 142 | ||||
transitional arrangements | 446-4 | 131 | ||||
Article XIV, Section 3 | 1034-(60/27) | 139 | ||||
Article XIV, Section 4 | 237-2 | 150 | ||||
117-1 | 163 | |||||
Article XV, Section 2 | 343-(54/47) | 164 | ||||
Article XV, Section 3, borrowing arrangements | 1289-(62/1) | 107 | ||||
Article XVI, Section 1, stand-by arrangements | 155-(52/57) | 43 | ||||
*270-(53/95) | 45 | |||||
borrowing arrangements | 1289-(62/1) | 107 | ||||
Article XVIII(a), list of interpretations under | xix | |||||
Article XIX(b), (c), and (b), net official holdings | 298-3 | 167 | ||||
Article XIX (d) | 298-3 | 5, 170 | ||||
Article XIX(g), currencies deemed convertible | 4279-(74/83) | 171 | ||||
4291-(74/88) | 171 | |||||
4392-(74/120) | 171 | |||||
Article XIX(j) | 2836-(69/87) | 69 | ||||
Article XX, Section 2 (g) | 298-3 | 170 | ||||
3463-(71/126) | 17 | |||||
4083-(73/104) | 21 | |||||
Article XX, Section 4 | 298-3 | 5, 7 | ||||
Article XX, Section 4(i) | 284-2 | 172 | ||||
Article XXV, Section 2, special drawing rights obtained by participant | 3414-(71/98)G/S | 178 | ||||
*3457-(71/121)G/S | 173 | |||||
Article XXV, Section 5, sale of gold to Fund by participant designated | 2916-(69/127) | 89 | ||||
Article XXV, Sections 6(a) and 7(f) | *3457-(71/121)G/S | 173 | ||||
Article XXV, Section 6(b), review of rules for reconstitution | B/G Res. 28-2 | 199 | ||||
Article XXVI, Section 5, payment of interest, charges, and assessments | 3010-(70/25)G/S | 179 | ||||
Schedule B | 486-2 | 180 | ||||
510-2 | 181 | |||||
7-(648) | 93 | |||||
119-(52/30) | 94 | |||||
3032-(70/38)G/S | 176 | |||||
3049-(70/44) | 91 | |||||
3320-(71/34)G/S | 176 | |||||
*3637-(72/41)G/S | 32 | |||||
5069-(76/72) | 185 | |||||
Schedule D | 1289-(62/1) | 107 | ||||
Schedule E | 1289-(62/1) | 107 | ||||
4242-(74/67) | 126 | |||||
Schedule G | *3457-(71/121)G/S | 173 | ||||
3829-(72/144)S | 174 | |||||
B/G Res. 28-2 | 199 | |||||
Auction system (see also Multiple currency practices) | 237-2 | 148 | ||||
Audit: | ||||||
Subsidy Account | 4773-(75/136) | 82 | ||||
Trust Fund | 5069-(76/72) | 185, 192 | ||||
B Balance of payments position: | ||||||
Assessment of need for assistance from Trust Fund | 5069-(76/72) | 188 | ||||
Currency composition of drawings and repurchases | 1371-(62/36) | 59 | ||||
Discrimination for balance of payments reasons. | 955-(59/45) | 138 | ||||
Bank for International Settlements: | ||||||
Fund assistance in gold transactions | 316-(54/27) | 182 | ||||
Prescription as holder of special drawing rights | B/G Res. 29-1 | 203 | ||||
Bilateralism | 433-(55/42) | 134 | ||||
955-(59/45) | 138 | |||||
Borrowing by the Fund: | ||||||
General Arrangements to Borrow | 1289-(62/1) | 98 | ||||
Renewals | 1951-(65/54) | 111 | ||||
2858-(69/96) | 112 | |||||
4421-(74/132) | 112 | |||||
Switzerland, association of | 1712-(64/29) | 114 | ||||
2377-(67/85) | 117 | |||||
3363-(71/60) | 119 | |||||
4858-(75/172) | 120 | |||||
In connection with oil facility | 4242-(74/67) | 122 | ||||
4635-(75/47) | 127 | |||||
4916-(75/208) | 128 | |||||
Authorization to make calls | 4741-(75/120) | 128 | ||||
4917-(75/208) | 129 | |||||
Calls, order | 4918-(75/208) | 129 | ||||
Interest payment | 4490-(74/140) | 129 | ||||
4636-(75/47) | 130 | |||||
4919-(75/208) | 130 | |||||
Buffer stocks, international, financing | *2772-(69/47) | 66 | ||||
Fourth International Tin Agreement | 3179-(70/102) | 67 | ||||
3351-(71/51) | 68 | |||||
Gold tranche purchases | 3386-(71/83) | 70 | ||||
C Capital transfers: | ||||||
Controls by members | 541-(56/39) | 97 | ||||
4232-(74/67) | 29 | |||||
B/G Res. 29-10 | 219 | |||||
Restrictions | 237-2 | 148 | ||||
Use of Fund’s resources for | 1238-(61/43) | 35 | ||||
Central banks, conversion of currency | 1371-(62/36) | 62 | ||||
“Central holdings,” meaning | 298-3 | 167 | ||||
Central rates | 3463-(71/126) | 14 | ||||
4083-(73/104) | 18 | |||||
“Changing circumstances,” adaptation of multiple currency practices | 237-2 | 152 | ||||
Charges: | ||||||
Extended Fund facility | 4377-(74/114) | 53 | ||||
4720-(75/114) | 54 | |||||
Future changes | 4239-(74/67) | 95 | ||||
General Arrangements to Borrow | 1289-(62/1) | 102 | ||||
4421-(74/132) | 112 | |||||
Gold sales to Fund for payment of repurchase obligations | 119-(52/30) | 94 | ||||
Gold tranche purchases, no service charge after July 27, 1969 | 2836-(69/87) | 70 | ||||
Gold transactions of members | 103-(52/12) | 182 | ||||
Level for reduction of Fund’s holdings pursuant to Article V, Section 8(d) | 102-(52/ll) | 39 | ||||
Oil facility | 424l-(74/67) | 73 | ||||
4634-(75/47) | 77 | |||||
Payment in special drawing rights | 2901-(69/122)G/S | 177 | ||||
3010-(70/25)G/S | 179 | |||||
3188-(70/106)G/S | 177 | |||||
Stand-by arrangements | 155-(52/57) | 42 | ||||
*270-(53/95) | 45 | |||||
Refund | *1345-(62/23) | 49 | ||||
Trust Fund loans, interest | 5069-(76/72) | 190 | ||||
Coins, dealings deemed “other exchange transactions” within meaning of Article IV, Section 3 (see also Margins) | 269-2 | 13 | ||||
Committee on Reform of the International Monetary System and Related Issues | B/G Comp. Res. | 207 | ||||
Agreement that members avoid policies affecting other members | 4134-(74/4) | 144 | ||||
Final report and termination | B/G Res. 29-7 | 208 | ||||
Guidelines for floating rates, application | 4232-(74/67) | 23 | ||||
Rome Communiqué, member policies not inconsistent with when requesting purchase under oil facility | 424l-(74/67) | 71, 73 | ||||
Support of extended Fund facility | 4377-(74/114) | 50 | ||||
Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 155 | ||||
Commodities (see also Compensatory financing…): | ||||||
Buffer stock financing | *2772- (69/47) | 66 | ||||
Tin | 3179-(70/102) | 67 | ||||
3351-(71/51) | 68 | |||||
Export shortfalls | 4912-(75/207) | 63 | ||||
Reclassification where subject to multiple currency practices | 237-2 | 150, 152 | ||||
Communications, privilege for | 534-3 | 158 | ||||
Compensatory financing of export fluctuations | 4912-(75/207) | 62 | ||||
Gold tranche purchases | 2836-(69/87) | 69 | ||||
“Consistent with the provisions of this Agreement,” meaning in Article V, Section 3 | 287-3 | 36 | ||||
Consultations with members: | ||||||
Bilateral arrangements | 433-(55/42) | 135 | ||||
Commodity field, attention to policies | 2772-(69/47) | 67 | ||||
Currencies to be drawn and to be used in repurchases | 1371-(62/36) | 57, 58 | ||||
3049-(70/44) | 91 | |||||
Exchange measures needing approval under Article VIII | 1034-(60/27) | 140 | ||||
External transactions in gold | 75-(705) | 11 | ||||
Floating exchange rates | 4232-(74/67) | 22 | ||||
Gold production subsidies | 233-2 | 9 | ||||
Members’ policies in present circumstances | 4l34-(74/4) | 144 | ||||
Multiple currency practices | 237-2 | 146 | ||||
Periodic discussions under Article VIII | 1034-(60/27) | 140 | ||||
Purchases under oil facility | 4241-(74/67) | 72 | ||||
Reduction in Fund’s holdings | 102-(52/ll) | 39 | ||||
Retention quotas | 201-(53/29) |