Index
-
Accounts (see also General Resources Account; Investment Account; Special Disbursement Account):
-
Audited statements, annual, Art. XII, Sec. 7(a)
-
Names of, Introd. Art.
-
Settlement with withdrawing members, Art. XXVI, Sec. 3; Sched. J
-
-
Adjustment process, Art. IV, Sec. 4; Art. XVIII, Sec. 1(b); Sched. D, par. 2(a)
-
Agencies of members dealing with Fund, Art. V, Sec. 1
-
Alternates; see Board of Governors; Councillors; Executive Directors
-
Amendments:
-
Acceptance by all members in certain cases, Art. XXVIII(b)
-
Arrangements with other international organizations which necessitate amendments, Art. X
-
Consideration of proposals by Council, Sched. D, par. 2(b)
-
Entry into force, Art. XXVIII(c)
-
Proposal, Art. XXVIII(a)
-
Rules and regulations, rates, procedures and decisions in effect at date of second amendment to remain until changed, Sched. B, par. 6
-
Suspension of participation in adoption of proposed amendment, Sched. L, par. 1(a)
-
Voting power required for acceptance, Art. XXVIII(a), (b)
-
-
Annual Report; see Reports
-
Arbitration:
-
Archives of Fund, immunity, Art. IX, Sec. 5
-
Articles of Agreement (see also Amendments; Interpretation of the Agreement):
-
Acceptance, Art. IV, Sec. 5(a); Art. XXXI, Sec. 2
-
Entry into force, Art. XXXI, Sec. 1
-
Inform all members by Government of United States of signatures to Agreement and deposit of instruments of acceptance, Art. XXXI, Sec. 2(c)
-
Instruments of acceptance to be deposited with Government of the United States, Art. XXXI, Sec. 1, 2(a)
-
Signature, Art. XXXI, Sec. 2
-
-
Assessments for expenses of conducting business of Special Drawing Rights Department:
-
Levy by Fund, Art. XX, Sec. 4
-
Payment in special drawing rights, Art. XVI, Sec. 2
-
Settlement on termination of participation in Special Drawing Rights Department, Art. XXIV, Sec. 2
-
-
Assets of Fund (see also Investment of Fund’s assets; Reserves of Fund):
-
Certain proceeds from sale of gold for benefit of developing countries to be held separately from general resources of Fund, Sched. B, par. 7
-
Distribution in event of liquidation of Fund, Sched. K
-
Freedom from restrictions, Art. IX, Sec. 6
-
Guarantee by each member, Art. XIII, Sec. 3
-
Holdings in depositories, Art. XIII, Sec. 2
-
Immunity, Art. IX, Sec. 3, 4, 6, 9(a)
-
Maintenance of value, Art. V, Sec. 11
-
Separation of assets held in General Department and Special Drawing Rights Department, Art. XVI, Sec. 2; Sched. M, par. 5(d)
-
Separation of assets in Special Disbursement Account from other accounts in General Department, Art. V, Sec. 12(f)
-
Separation of assets of Investment Account from other accounts of General Department, Art. XII, Sec. 6(f)(i)
-
Value expressed in special drawing rights, Art. V, Sec. 10
-
-
Associates of the Council, Sched. D, par. 1(a), (b), 5(d)
-
Audit; see Accounts
-
Balance of payments:
-
Adjustment, action by members to achieve, Art. IV, Sec. 4
-
Adjustment, supervision by Council, Sched. D, par. 2(a)
-
Criterion for designation of participant to provide currency for special drawing rights, Art. XIX, Sec. 5(a)(i)
-
Furnishing of information concerning, Art. VIII, Sec. 5(a)(vi) Improvement, repurchase obligation, Art. V, Sec. 7(b)
-
Publication of report to member on conditions which tend to produce serious disequilibrium in international balance of payments, Art XII, Sec. 8
-
Purpose of Fund to correct maladjustments and lessen disequilibrium, Art. I(v), (vi)
-
Requirement of need for purchase of currencies of members, Art. V, Sec. 3(b)(ii)
-
Requirement of need for use of special drawing rights, Art. XIX, Sec. 3(a)
-
Special policies for special balance of payments problems, Art. V, Sec. 3(a)
-
Taken into account in first decision to allocate special drawing rights, Art. XVIII, Sec. 1(b)
-
Taken into account in selection of currencies to be sold, Art. V, Sec. 3(d)
-
Withdrawal of exchange restrictions by members when balance of payments is satisfactory, Art. XIV, Sec. 2
-
-
Basic periods for allocation and cancellation of special drawing rights;
-
see Special drawing rights
-
-
Board of Governors (see also Governors):
-
Adoption of regulation for elections of Executive Directors, Article XII, Sec. 3(d)
-
Adoption of regulations for a member to send representative to attend Executive Board meeting, Art. XII, Sec. 3(j)
-
Allocation and cancellation of special drawing rights, decisions on, Art. XVIII, Sec. 4(a), (c), (d)
-
Alternate Governors, appointment by members, Art. XII, Sec. 2(a)
-
Appointment by members, Art. XII, Sec. 2(a)
-
Approval of amendments to Articles of Agreement, Art. XXVIII(a), (b)
-
Authority to increase or decrease number of Executive Directors to be elected, Art. XII, Sec. 3(c)
-
Cessation of office after suspension of voting rights, Sched. L, par. 3(a)
-
Chairman, selection, Art. XII, Sec. 2(a)
-
Committee on Interpretation, Art. XXI(c); Art. XXIX(b) Committees, Art. XII, Sec. 2(j)
-
Compulsory withdrawal of members by decision of, Art. XXVI, Sec. 2(c)
-
Consistency of Council’s or Executive Board’s actions with Board of Governors’ actions, Sched. D, par. 3(c)
-
Decision to establish Council, Art. XII, Sec. 1
-
Decisions on matters pertaining exclusively to Special Drawing Rights Department, Art. XXI(a)(i)
-
Delegation of authority to Council, Sched. D, par. 3(a)
-
Delegation of authority to Executive Board, Art. XII, Sec. 2(b)
-
Determination of quotas of members, Art. III, Sec. 1
-
Determination of remuneration paid to Executive Directors and their Alternates, Art. XII, Sec. 2(i)
-
Determination of salary and terms of service contract of Managing Director, Art. XII, Sec. 2(i)
-
Election of Executive Directors, Art. XII, Sec. 3(b), (c), (d); Sched. E
-
Expenses incurred in attending meetings, Art. XII, Sec. 2(h)
-
General review of quotas and adjustments of quotas, Art. III, Sec. 2(a)
-
Immunities, Art. IX, Sec. 8
-
Initial subscription payments transmitted to, Art. XXXI, Sec. 2(d)
-
Interpretation of Fund Agreement, Art. XXIX(b)
-
Interpretation pertaining exclusively to Special Drawing Rights Department, Art. XXI(c)
-
Liquidation of Fund, decision, Art. XXV(a); Art XXVII, Sec. 2(a), (b)
-
Liquidation of Special Drawing Rights Department, decision, Art. XXV(a), (b)
-
Meetings, Art. XII, Sec. 2(c); Art. XXI(a)(i)
-
Number of votes of each Governor, Art. XII, Sec. 2(e)
-
Powers, Art. XII, Sec. 2(a), (b); Sched. D, par. 6
-
Prescription for payment of 25 percent of increase in quota in currencies rather than special drawing rights, Art. III, Sec. 3(a)
-
Prescription of times and terms for membership and subscription, Art. II, Sec. 2
-
Provision for in Fund structure, Art. XII, Sec. 1
-
Quorum for meetings, Art. XII, Sec. 2(d); Art. XXI(a)(i)
-
Representation of member whose voting rights have been suspended, Sched. L, par. 4
-
Rules and regulations, adoption, Art. XII, Sec. 2(g)
-
Service pending new appointment, Art. XII, Sec. 2(a)
-
Service without compensation, Art. XII, Sec. 2(h)
-
Suspension of member’s right to appoint a Governor, Sched. L, par. 1(b)
-
Temporary suspension of certain provisions, extension, Art. XXVII, Sec. 1(b)
-
Vote without meeting, Art. XII, Sec. 2(f); Sched. D, par. 5(a)
-
-
Borrowing of currency by Fund to replenish holdings, Art. VII, Sec. 1
-
Buffer stocks, international, of primary products, financing of contributions to, Art. XXX(c)(ii)
-
Capital transactions:
-
Determination by Fund whether transactions to be considered current or capital transactions, Art. XXX(d)
-
Furnishing of information concerning, Art. VIII, Sec. 5(a)(vi)
-
Payments for, definition, Art. XXX(d)
-
Use of Fund’s general resources for, Art. VI, Sec. 1(b)(i)
-
-
Capital transfers:
-
Controls, Art. VI, Sec. 1, 3
-
Reserve tranche purchases for, Art. VI, Sec. 2; Art. XXVII, Sec. 1(a)(ii)
-
Use of Fund’s general resources for, Art. VI, Sec. 1, 2; Art. XXVI, Sec. 2(a)
-
Use of member’s own resources for, to be in accordance with purposes of Fund, Art. VI, Sec. 1(b)(ii)
-
-
Central banks:
-
Agency dealing with Fund, Art. V, Sec. 1
-
Designation as depository for Fund’s holdings of currency, Art. XIII, Sec. 2
-
Institutions that perform such functions for more than one member, eligibility for prescription as holders of special drawing rights, Art. XVII, Sec. 3(i)
-
-
Charges:
-
Accruing after date of member’s withdrawal, Sched. J, par. 1
-
Failure of member to make required repurchase, Art. V, Sec. 8(c)
-
Levy by Fund, Art. V, Sec. 8(a), (b); Art. XXVII, Sec. 1(a)(i)
-
Levy on average daily balances held in General Resources Account of Fund, Art. V, Sec. 8(b)
-
Net cumulative allocation of special drawing rights, Art. XX, Sec. 2, 3, 5; Sched. I, par. 5
-
Outstanding obligation held by terminating participant, Art. XXIV, Sec. 2(a), 3
-
Payable during liquidation of Special Drawing Rights Department, Art. XXV(c); Sched. I, par. 5
-
Payment in special drawing rights, and in exceptional circumstances in specified members’ currencies or in member’s own currency, Art. V, Sec. 8(e); Art. XX, Sec. 5; Art. XXVII, Sec. 1(a)
-
Rate to be equal to rate of interest in Special Drawing Rights Department, Art. XX, Sec. 3
-
Rates, majority required for determination, Art. V, Sec. 8(d)
-
Rates, relationship to rate of remuneration, Art. V, Sec. 9(a)
-
Rise at intervals during period currency balances are held, Art. V, Sec. 8(b)
-
Service, on purchase of special drawing rights or currency of another member, Art. V, Sec. 8(a)(i)
-
Service, on reserve tranche purchases, Art. V, Sec. 8(a)(i)
-
Stand-by or similar arrangements, Art. V, Sec. 8(a)(ii)
-
-
Clearing arrangements, furnishing of information, Art. VIII, Sec. 5(a)(xii)
-
Collateral security, pledge, Art. V, Sec. 4
-
Colonies; see Territories
-
Committee on Interpretation; see Board of Governors
-
Committees:
-
Appointment by Board of Governors, Council, and Executive Board, Art. XII, Sec. 2(j); Sched. D, par. 5(a)
-
Immunities of members, Art. IX, Sec. 8
-
-
Common denominator, special drawing right or other but not gold or a currency, Sched. C, par. 1
-
Communications, official, privilege for, Art. IX, Sec. 7
-
Compensatory financing of export fluctuations, Art. XXX(c)(i)
-
Compulsory withdrawal from membership, Art. XXVI, Sec. 2(c); Sched. C, par. 7, 8
-
Consultations:
-
Annual, with members retaining certain exchange restrictions, Art. XIV, Sec. 3
-
Between members regarding existing international agreements, Art. VIII, Sec. 6
-
By Managing Director to ascertain if there is broad support for proposal on allocation or cancellation of special drawing rights, Art. XVIII, Sec. 4(b)
-
Charges on delinquent repurchases, Art. V, Sec. 8(c)
-
Currencies to be sold, selection, Art. V, Sec. 3(d)
-
Current or capital transactions, determination, Art. XXX(d)
-
Exchange rates of participant’s currency, Art. XIX, Sec. 7(c)
-
Fund sale of gold for member’s currency, Art. V, Sec. 12(c); Sched. B, par. 7(b)
-
Member without par value, Sched. C, par. 3, 9
-
Members’ exchange rate policies, Art. IV, Sec. 3(b)
-
Par value ceasing to exist, Sched. C, par. 8
-
Repurchase obligation, Art. V, Sec. 7(b)
-
Sale of currency not repurchased, Art. V, Sec. 7(h)
-
-
Convertibility, foreign-held balances, Art. VIII, Sec. 4 (see also Freely usable currency)
-
Cooperative arrangements for maintenance of value of currencies, Art. IV, Sec. 2(b), 3(b)
-
Council:
-
Adoption of regulations and determination of procedures, Sched. D, par. 4
-
Authority to adopt rules and regulations to conduct business of Fund, Art. XII, Sec. 2(g); Sched. D, par. 5(a)
-
Authority to appoint committees, Art. XII, Sec. 2(j); Sched. D, par. 5(a)
-
Authority to call Board of Governors meeting, Art. XII, Sec. 2(c); Sched. D, par. 5(a)
-
Authority to obtain vote of Governors without meeting, Art. XII, Sec. 2(f); Sched. D, par. 5(a)
-
Chairman, selection, Sched. D, par. 4
-
Composition, Sched. D, par. 1(a)
-
Concurrence in proposals of Managing Director on allocations and cancellations of special drawing rights, Art. XVIII, Sec. 4(a); Sched. D, par. 5(a)
-
Consistency of action with action of Board of Governors, Sched. D, par. 3(c)
-
Decisions on matters relating to Special Drawing Rights Department, Sched. D, par. 5(b)
-
Establishment by decision of Board of Governors, Art. XII, Sec. 1; Sched. D
-
Immunities and privileges, Sched. D, par. 5(d)
-
Meetings, Sched. D, par. 4
-
Powers, Art. XII, Sec. 2(a), (c), (f), (g), (j); Art. XVIII, Sec. 4(a), (c)(iv); Art. XXIII, Sec. 1; Art. XXVII, Sec. 1(a); Sched. D, par. 5(a), 6
-
Representation of member whose voting rights have been suspended, Sched. L, par. 4
-
Request for proposal by Managing Director for allocation or cancellation of special drawing rights, Art. XVIII, Sec. 4(c)(iv); Sched. D, par. 5(a)
-
Temporary suspension of certain provisions of Agreement, Art. XXVII, Sec. 1(a); Sched. D, par. 5(a)
-
Temporary suspension of provisions relating to operations and transactions in special drawing rights, Art. XXIII, Sec. 1; Sched. D, par. 5(a)
-
-
Councillors:
-
Appointment and attendance at meeting of Council, Sched. D, par. 1(a), (b)
-
Alternates, Sched. D, par. 1(b)
-
Casting of votes, Sched. D, par. 3(b), 5(b), (e)
-
Cessation of office after suspension of voting rights, Sched. L, par. 3(b)
-
Immunities and privileges, Sched. D, par. 5(d)
-
Suspension of member’s right to appoint or participate in appointment, Sched. L, par. 1(b)
-
-
Currencies (see also Freely usable currency; Holdings; Maintenance of value of members’ currencies; Scarce currencies):
-
Acceptable to Fund, use to obtain special drawing rights, Art. XX, Sec. 5; Sched. G, par. 1(a)(iv)
-
Acquisition of currency of member that has withdrawn, Sched. J, par. 5
-
Acquisition of own currency with special drawing rights by terminating participants, Sched. H, par. 1
-
Adjustment of Fund’s holdings, Art. V, Sec. 11(b)
-
Borrowing by Fund, Art. VII, Sec. 1(i)
-
Computations, Art. V, Sec. 10
-
Designation of participants to provide for specified amount of special drawing rights, Art. XIX, Sec. 5; Sched. F
-
Discharge of obligations to Fund by participants in event of liquidation of Special Drawing Rights Department, Sched. I, par. 1
-
Discharge of repurchase obligation or subscription payable in gold by non-participants, Sched. B
-
Exchange for freely usable currency, Art. V, Sec. 3(e), 7(j)
-
Exchange rates, transactions in special drawing rights, Art. V, Sec. 10(b), 11(a); Art. XIX, Sec. 7
-
Fund’s holdings, Art. III, Sec. 3; Art. V, Sec. 6(b), 7(i), 8(e); Art. XIII, Sec. 2(a); Art. XXX(a), (c); Sched. B, par. 4
-
Investment Account holdings, use to meet expenses of conducting business of Fund, Art. XII, Sec. 6(f)(iv), (v)
-
Investment in obligations denominated in currency used, Art. XII, Sec. 6(f)(iii)
-
Maintenance of a value by members in terms of special drawing right or another denominator other than gold, Art. IV, Sec. 2(b)
-
Maintenance of value by Fund, Art. V, Sec. 11
-
Maintenance of value by members, cooperative arrangements by members, Art. IV, Sec. 3(b)
-
Obligation of participant to provide, Art. XIX, Sec. 4
-
Payment by Fund to member consenting to quota reduction, Art. III, Sec. 3(c)
-
Payment of charges, Art. V, Sec. 8(e)
-
Payment of distribution of net income or part of general reserve in member’s own currency, Art. XII, Sec. 6(e)
-
Payment of quota increase, Art. III, Sec. 3(a)
-
Payment of remuneration in member’s own currency, Art. V, Sec. 9(d) Payment to withdrawing member, Sched. J
-
Purchase from Fund for special drawing rights, Art. V, Sec. 6 Purchase of currency held by another member, Art. VIII, Sec. 4
-
Redemption of holdings apportioned to other members in liquidation of Fund, Sched. K, par. 3–8
-
Replenishment of Fund’s holdings, Art. VII, Sec. 1
-
Repurchase by member of currency held by Fund, Art. V, Sec. 7; Sched. B, par. 1–5
-
Scarcity, Art. VII, Sec. 2, 3
-
Selection by Fund to be provided or accepted for transactions in special drawing rights, Art. V, Sec. 6(c)
-
Selection for repurchase, Art. V, Sec. 7(i)
-
Selection for sale, policies and procedures, Art. V, Sec. 3(d)
-
Separate currencies within member’s territories, Art. IV, Sec. 5
-
Settlement with terminating participant, Art. XXIV, Sec. 4–6
-
Specified by Fund, discharge of obligation by non-participant payable in special drawing rights, Sched. B, par. 2
-
Specified by Fund, use in repurchases, Art. V, Sec. 7(i), (j)
-
Substitution of securities, Art. III, Sec. 4; Art. XXX(a)
-
-
Current transactions:
-
Convertibility of foreign-held balances acquired as a result of or needed for making payments for, Art. VIII, Sec. 4
-
Determination by Fund whether transactions to be considered current or capital transactions, Art. XXX(d)
-
Multilateral system of payments, Art. I(iv)
-
Payments for, definition, Art. XXX(d)
-
Restrictions on payments and transfers, Art. VI, Sec. 3; Art. VII, Sec. 3(b), (c); Art. VIII, Sec. 2; Art. XIV, Sec. 2
-
-
Customs duties, Fund’s immunity from, Art. IX, Sec. 9(a)
-
Data; see Information
-
Definition of terms:
-
Freely usable currency, Art. XXX(f)
-
Members on August 31, 1975, Art. XXX(g)
-
Net cumulative allocation of special drawing rights, Art. XXX(e)
-
Operations in special drawing rights, Art. XXX(i)
-
Operations of Fund, Art. XXX(h)
-
Payments for current transactions, Art. XXX(d)
-
Reserve tranche purchase, Art. XXX(c)
-
Stand-by arrangement, Art. XXX(b)
-
Transactions in special drawing rights, Art. XXX(i)
-
Transactions of Fund, Art. XXX(h)
-
-
Departments and Accounts, Introd. Art.
-
Depositary for instruments of acceptance of the Agreement, Art. XXXI, Sec. 2
-
Depositories:
-
Currency, designation by each member, Art. XIII, Sec. 2(a)
-
Gold, to be held in designated depositories, Art. XIII, Sec. 2(b)
-
Guarantee of Fund assets against loss from failure or default, Art. XIII, Sec. 3
-
Subscription payments to appropriate depository, Art. III, Sec. 1
-
-
Developing members:
-
Balance of payments assistance on special terms from assets in Special Disbursement Account, Art. V. Sec. 12(f)(ii)
-
Distribution of part of assets from sale of gold in Special Disbursement Account, Art. V, Sec. 12(f)(iii); Sched. B, par. 7(b)
-
Transfer of real resources, review of developments by Council, Sched. D, par. 2(a)
-
-
Disagreements:
-
Arising between Fund and terminating participant or any participant during liquidation of Special Drawing Rights Department, Art. XXI(d)
-
Arising between Fund and withdrawn member or any member during liquidation of Fund, Art. XXVII, Sec. 2(b); Art. XXIX(c)
-
-
Discriminatory currency arrangements, avoidance, Art. VIII, Sec. 3
-
Disequilibrium (see also Balance of payments):
-
Fundamental, change in par value to correct or prevent, Sched. C, par. 6, 7
-
Publication of report to members regarding conditions which tend to produce serious disequilibrium in international balance of payments,
-
Purpose of Fund to lessen the degree in international balances of payments of members, Art. I(vi)
-
-
Economic growth, orderly, obligation of members to foster, Art. IV, Sec. 1
-
Election; see Executive Directors
-
Emergency provisions:
-
Liquidation of the Fund, Art. XXVII, Sec. 2
-
Temporary suspension of operation of certain provisions of the Agreement, Art. XXVII, Sec. 1; Sched. D, par. 5(a)
-
Temporary suspension of provisions relating to special drawing rights, Art. XXIII, Sec. 1; Art. XXV(a); Sched. D, par. 5(a)
-
-
Employment, promotion and maintenance of high levels, Art. I(ii)
-
Entry into force of the Agreement, Art. XXXI, Sec. 1
-
Establishment of International Monetary Fund, Introd. Art. (i)
-
Exceptional circumstances:
-
Authority for participants to agree on other exchange rates for transactions, Art. XIX, Sec. 7(b)
-
Fund representations to member on withdrawal of restrictions, Art. XIV, Sec. 3
-
Payment of charges in currencies of other members specified by Fund or in member’s own currency, Art. V, Sec. 8(e); Art. XXVII, Sec. 1(a)(i)
-
Reduction of quota, payment, Art. III, Sec. 3(c)
-
-
Exchange arrangements:
-
Changes, notification of Fund by member, Art. IV, Sec. 2(a)
-
Consistency with purposes of Fund, Sched. C, par. 3
-
Consultation with Fund by member not intending to establish par value or whose par value has ceased to exist, Sched. C, par. 3, 9
-
General, Fund may make provision for, Art. IV, Sec. 2(c)
-
Kind prevailing on January 1, 1976, Art. IV, Sec. 2(b)
-
Notification by member of arrangements to be applied and of changes, Art. IV, Sec. 2(a)
-
Obligations of members, Art. IV; Sched. C, par. 3, 9
-
Orderly, maintenance among members, Art. I(iii)
-
Separate currencies within a member’s territories, Art. IV, Sec. 5
-
Surveillance, Art. IV, Sec. 3
-
-
Exchange contracts, unenforceability, Art. VIII, Sec. 2(b)
-
Exchange controls (see also Exchange restrictions):
-
Capital transfers, Art. VI, Sec. 1(a), 3
-
Cooperation between members to make regulations more effective, Art. VIII, Sec. 2(b)
-
Furnishing of information, Art. VIII, Sec. 5(a)(xi)
-
-
Exchange depreciation, competitive, avoidance, Art. I(iii)
-
Exchange margins, spot exchange transactions of members having par values, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
-
Exchange rates (see also Exchange arrangements; Par values):
-
Avoidance of manipulating, Art. IV, Sec. 1(iii)
-
Buying and selling rates for foreign currencies, furnishing of information concerning, Art. VIII, Sec. 5(a)(x)
-
Computations for applying provisions of the Agreement, Art. V, Sec. 10
-
Policies, consultations with members, Art. IV, Sec. 3(b)
-
Policies, principles for guidance, Art. IV, Sec. 3(b)
-
Promotion of stable system, Art. IV, Sec. 1; Art. XIV, Sec. 2
-
Termination of par value, Sched. C, par. 8
-
Transactions in special drawing rights, Art. XIX, Sec. 7
-
Value of currencies held in General Resources Account, Art. V, Sec. 11(a)
-
-
Exchange restrictions:
-
Adaptation to changing circumstances, Art. XIV, Sec. 2
-
Administration with respect to scarce currency, Art. VII, Sec. 4
-
Approval by Fund, Art. VIII, Sec. 2(a)
-
Avoidance on current payments, Art. VIII, Sec. 2
-
Consultations between members to make adjustment for application of authorized restrictions, Art. VIII, Sec. 6
-
Consultations with Fund as to further retention, Art. XIV, Sec. 3
-
Cooperation between members in making exchange control regulations more effective, Art. VIII, Sec. 2(b)
-
Effect of other international agreements on, Art. VII, Sec. 5
-
Elimination of foreign exchange restrictions which hamper growth of world trade, Art. I(iv)
-
Maintenance, Art. XIV, Sec. 1
-
Member persisting in maintaining restrictions inconsistent with Fund’s purposes, Art. XIV, Sec. 3; Art. XXVI, Sec. 2
-
Obligation to withdraw, Art. XIV, Sec. 2
-
On transactions with non-member countries, Art. XI, Sec. 2
-
Report, annual, Art. XIV, Sec. 3
-
Representation as to withdrawal, Art. XIV, Sec. 3
-
Retention, Art. XIV, Sec. 3
-
Scarce currency, formal declaration authorizing temporary exchange restrictions, Art. VII, Sec. 3(b)
-
Transitional arrangements, Art. XIV
-
-
Exchange stability:
-
Promotion of stable system of exchange rates, Art. IV, Sec. 1; Art. XIV, Sec. 2
-
Purpose of Fund to promote, Art. I(iii)
-
-
Exchange transactions; see Operations and transactions
-
Executive Board:
-
Authority to call meetings of Board of Governors, Art. XII, Sec. 2(c)
-
Authority to call meetings of Council, Sched. D, par. 4
-
Committees, Art. XII, Sec. 2(j); Art. IX, Sec. 8
-
Concurrence in proposals for allocation and cancellation of special drawing rights, Art. XVIII, Sec. 4(a), (d)
-
Decisions on matters pertaining exclusively to Special Drawing Rights Department, Art. XXI(a)(ii)
-
Delegation of powers by Board of Governors, Art. XII, Sec. 2(b), 3(a)
-
Function in continuous session, Art. XII, Sec. 3(g)
-
Interpretation of the Agreement, decision, Art. XXI(c); Art. XXIX(a)
-
Managing Director, selection of, Art. XII, Sec. 4(a)
-
Managing Director to be Chairman, Art. XII, Sec. 4(a)
-
Meetings, Art. XII, Sec. 3(g)
-
No inconsistency of actions with those of Board of Governors or Council, Sched. D, par. 3(c)
-
Powers of the Council corresponding to those of the, Sched. D, par. 5(a)
-
Provision for, Art. XII, Sec. 1
-
Quorum for meetings, Art. XII, Sec. 3(h); Art. XXI(a)(ii)
-
Remuneration, determination by Board of Governors, Art. XII, Sec. 2(i)
-
Representation in a meeting of member whose request or a matter particularly affecting that member is under consideration, Art. XII, Sec. 3(j)
-
Representation of member whose voting rights have been suspended, Sched. L, par. 4
-
Request for allocation or cancellation of special drawing rights, Art. XVIII, Sec. 4(c)(iv)
-
Responsibility for conducting business of Fund, Art. XII, Sec. 3(a)
-
Rules and regulations, adoption, Art. XII, Sec. 2(g)
-
Temporary suspension of allocations or cancellations of special drawing rights, Art. XXV(a)
-
Temporary suspension of certain provisions of the Agreement, Art. XXVII, Sec. 1(a), (c)
-
Temporary suspension of operations and transactions in an emergency, Art. XXVII, Sec. 2(a)
-
Temporary suspension of operations and transactions in special drawing rights, Art. XXIII, Sec. 1; Art. XXV(a)
-
-
Executive Directors:
-
Advisors, immunities and privileges, Art. IX, Sec. 8
-
Alternate, appointment and powers, Art. XII, Sec. 3(e)
-
Alternate, appointment of a second Alternate, Art. XII, Sec. 3(e)
-
Alternate, authority to exercise powers of former Executive Director while office is vacant, Art. XII, Sec. 3(f)
-
Alternate, determination of remuneration by Board of Governors, Art. XII, Sec. 2(i)
-
Alternate, entitlement to attend meetings of Council, Sched. D, par. 1(b) Alternate, immunities and privileges, Art. IX, Sec. 8, 9(b)
-
Appointed, Sched. E, par.1(a)
-
Attendance at Council meetings, Sched. D, par. 1(b)
-
Cessation of office after suspension of voting rights, Sched. L, par. 3(c)
-
Election, Art. XII, Sec. 3(c), (d); Sched. E
-
Immunities and privileges, Art. IX, Sec. 8
-
Immunity from tax on salaries, Art. IX, Sec. 9(b)
-
Increase or decrease in number to be elected, Art. XII, Sec. 3(c)
-
Number, Art. XII, Sec. 3(b), (c)
-
Remuneration, determination by Board of Governors, Art. XII, Sec. 2(i)
-
Suspension of member’s right to elect or participate in election, Sched. L, par. 1(b)
-
Transitional Provisions, Sched. E.
-
Vacancy in office of elected Executive Director, Art. XII, Sec. 3(f)
-
Votes, number for each Executive Director, Art. XII, Sec. 3(i), 5
-
-
Explanation of terms, Art. XXX (see also Definition of terms)
-
Financial and technical services, performance by Fund, Art. V, Sec. 2(b)
-
Fiscal agencies:
-
Dealing with Fund, Art. V, Sec. 1
-
Not to engage in discriminatory currency arrangements or multiple currency practices, Art. VIII, Sec. 3
-
Undertakings with respect to transactions with non-member, Art. XI, Sec. 1(i); Art. XXVII, Sec. 1(a)(iii)
-
-
Foreign exchange, data members may be required to furnish, Art. VIII, Sec. 5(a)(i), (ii)
-
Freely usable currency:
-
Conversion into by member whose currency has been purchased from Fund, Art. V, Sec. 3(e)
-
Definition, Art. XXX (f)
-
Exchange for currency specified for repurchase, Art. V, Sec. 7(i), (j)
-
Obligation to provide on demand to participant using special drawing rights, Art. XIX, Sec. 4
-
Settlement with members withdrawing, Sched. J, par. 2, 4
-
Settlement with terminating participant, Art. XXIV, Sec. 5, 6; Sched. H
-
Use to acquire special drawing rights for payment of charge or assessment, Art. XX, Sec. 5; Art. XXIV, Sec. 3
-
Use to discharge obligations to Fund by participants in event of liquidation of Special Drawing Rights Department, Sched. I, par. 1
-
Use to obtain special drawing rights to fulfill reconstitution obligation, Sched. G, par. 1(a)(iv)
-
-
Fundamental disequilibrium; see Disequilibrium
-
General Department (see also General Resources Account; Investment Account; Special Disbursement Account):
-
Administration, Art. XII, Sec. 6; Art. XXI
-
Consisting of General Resources Account, Special Disbursement Account, and Investment Account, Introd. Art. (iii)
-
Establishment and operation, Introd. Art. (ii), (iii)
-
Holding of assets and property of Fund, Art. XVI, Sec. 2
-
Liquidation, Art. XXVII, Sec. 2; Sched. K
-
Operations and transactions, Art. XVI, Sec. 1; Art. XVII, Sec. 2
-
Purchase and sale of special drawing rights by participant, Art. V, Sec. 6(a), (b)
-
Reimbursement in special drawing rights for expenses of conducting business of Special Drawing Rights Department, Art. XVI, Sec. 2; Art. XXI(a)(iii)
-
Separation from Special Drawing Rights Department, Introd. Art. (ii), (iii); Art. XVI, Sec. 1, 2
-
Value of assets to be expressed in special drawing rights, Art. V, Sec. 10(a)
-
-
General reserve; see Reserves of Fund
-
General Resources Account:
-
Acceptance and holdings of special drawing rights, Art. XXI(a)(iii)
-
Acquisition of member’s own currency or freely usable currency by terminating participant, Sched. H, par. 1
-
Acquisition of special drawing rights by participant to pay charge or assessment, Art. XX, Sec. 5
-
Acquisition of special drawing rights by terminating participant, Sched. H, par. 2
-
Acquisition of special drawing rights to fulfill reconstitution obligation, Sched. G, par. 1(a)(iv)
-
Charges on balances of currency held, Art. V, Sec. 8(b)
-
Conduct of operations and transactions, Introd. Art. (iii)
-
Distribution of special drawing rights if decision to liquidate Fund within six months of decision to liquidate Special Drawing Rights Department, Sched. I, par. 2
-
Holding of general resources of Fund, Art. V, Sec. 2(a)
-
Holdings of a member’s currency, effect of gold sales, Art. V, Sec. 12(c)
-
Holdings of special drawing rights, Art. XVII, Sec. 2
-
Increase in quotas of members as of August 31, 1975 in amounts not exceeding amounts transferred from Special Disbursement Account, Art. III, Sec. 2(b)
-
Operations and transactions in special drawing rights with prescribed holders, Art. XVII, Sec. 2, 3(iii)
-
Placement of proceeds of sale of gold, Art. V, Sec. 12 (f), (k); Sched. B, par. 7
-
Replenishment of Fund’s holdings of currencies, Art. VII, Sec. 1
-
Transactions to facilitate settlement with terminating participant, Art. XXIV, Sec. 6
-
Transfer of assets upon termination of Special Disbursement Account, Art. V, Sec. 12(j)
-
Transfer of holdings of withdrawing member’s currency in Special Disbursement Account or Investment Account, Sched. J, par. 1
-
Transfer of part of Investment Account upon termination or reduction of investment, Art. XII, Sec. 6(f)(viii), (ix)
-
-
Global liquidity; see Liquidity, international
-
Global need to supplement existing reserve assets; see Reserves
-
Gold:
-
Acceptance of payments by Fund, Art. V, Sec. 12(d)
-
Apportionment of gold holdings in case of liquidation of Fund, Sched. K, par. 2
-
Data members may be required to furnish, Art. VIII, Sec. 5(a)(i)–(iv), (vi)
-
Depositories, Art. XIII, Sec. 2(b)
-
Distribution in event of liquidation of Fund, Sched. K, par. 1, 2
-
Fixed price in the market, avoidance of the establishment, Art. V, Sec 12(a)
-
Obligation to pay in repurchase or as subscription, discharged with special drawing rights, Sched. B, par. 2
-
Price for sales to be agreed on basis of market prices, Art. V, Sec. 12(c)
-
Price for sales to members on date of second amendment of the Agreement, Art. V, Sec. 12(e)
-
Price in the market, avoidance of management, Art. V, Sec. 12(a)
-
Sale by Fund, Art. V, Sec. 12(c); Sched. B, par. 7
-
Sale by Fund of gold acquired after the date of the second amendment, Art. V, Sec. 12(k)
-
Sale by Fund of gold held by it on the date of the second amendment, Art. V, Sec. 12 (e), (f)
-
Sale of up to 25 million ounces held as of August 31, 1975 for benefit of developing countries, Sched. B, par. 7(b)
-
Sale of up to 25 million ounces held as of August 31, 1975 to members of that date in proportion to their quotas, Sched. B, par. 7(a)
-
Transfer in an emergency, Art. XIII, Sec. 2(b)
-
Transfer of part of proceeds of sale to Investment Account, Art. XII, Sec. 6(f)(ii)
-
Transfer with due regard to costs and requirements of Fund, Art. XIII, Sec. 2(b)
-
Transitional provisions, Sched. B
-
Valuation in case of liquidation of Fund, Sched. K, par. 9
-
-
Governors (see also Board of Governors):
-
Alternate, appointment and powers, Art. XII, Sec. 2(a)
-
Appointment, Art. XII, Sec. 2(a)
-
Cessation of office after suspension of voting rights, Sched. L, par. 3(a)
-
Expenses, Art. XII, Sec. 2(h)
-
Immunities and privileges, Art. IX, Sec. 8
-
Suspension of member’s right to appoint a Governor after suspension of voting rights, Sched. L, par. 1(b)
-
Votes, number of, each Governor, Art. XII, Sec. 2(e)
-
-
Holdings (see also Assets of Fund):
-
Adjustment in Fund’s holdings of member’s currency, Art. V, Sec. 11(b)
-
Balanced distribution of participants’ special drawing rights, Art. XIX, Sec. 5(b)
-
Balanced relationship between participants’ special drawing rights and other reserves, Sched. G, par. 1(b)
-
Distribution in event of liquidation of Fund, Sched. K
-
Fund’s holdings of a member’s currency, Art. III, Sec. 3(a), (c); Art. V, Sec. 7, 8(b), 9, 11; Art. XIII, Sec. 2(a); Art. XXX(a), (c)
-
Inclusion of securities accepted by Fund, Art. XXX(a)
-
Member’s currency not to be increased above level at which Fund’s holdings would be subject to charges, Art. III, Sec. 3(a); Art. V, Sec. 6(b), 7(i), 8(e), 12(c)
-
Publication of summary statement, Art. XII, Sec. 7(a)
-
Rates of computation of member’s currency, Art. V, Sec. 10(b)
-
Recording of changes in holdings of special drawing rights, Art. XVI, Sec. 3
-
Repurchase, Sched. B, par. 4
-
Sale by Fund of member’s currency not repurchased, Art. V, Sec. 7(h)
-
Scarcity of member’s currency, Art. VII, Sec. 3
-
Special drawing rights in General Resources Account, Art. XVII, Sec. 2
-
Value of Fund’s holdings of members’ currencies, maintenance, Art. V, Sec. 11
-
-
Immunities; see Status, immunities, and privileges
-
Income, net, distribution, Art. XII, Sec. 6
-
Income of investment, Art. V, Sec. 12(h); Art. XII, Sec. 6(f)(iv)
-
Ineligibility; see Use of Fund’s general resources
-
Information:
-
Fund to act as center for collection and exchange of information on monetary and financial problems, Art. VIII, Sec. 5(c)
-
Members may be required to furnish, Art. VIII, Sec. 5
-
Necessary for surveillance over exchange rate policies of members, provision to Fund, Art. IV, Sec. 3(b)
-
No disclosure of affairs of individuals or corporations, Art. VIII, Sec. 5(b)
-
-
Interest on special drawing rights:
-
Accrued, payment upon liquidation of Special Drawing Rights Department, Art. XXV(c)
-
Accrued, settlement on termination of participation in Special Drawing Rights Department, Art. XXIV, Sec. 2(a)
-
Outstanding balance held by terminating participant, Art. XXIV, Sec. 3
-
Payment by Fund during liquidation of Special Drawing Rights Department, Sched. I, par. 5, 6
-
Payment in special drawing rights, Art. XX, Sec. 5
-
Payment to holders, Art. XX, Sec. 1
-
Rate, determination, Art. XX, Sec. 3
-
Rate, relation to remuneration rate, Art. V, Sec. 9(a)
-
-
International agreements:
-
Consultation between members regarding, Art. VIII, Sec. 6
-
Cooperation with other international organizations, Art. X
-
Effect on restrictions, Art. VII, Sec. 5
-
Mutual accord for cooperation in exchange controls, Art. VIII, Sec. 2(b)
-
-
International Court of Justice, appointment of umpire of arbitration tribunal, Art. XXIX(c)
-
International liquidity; see Liquidity, international
-
International monetary system, purpose, general obligations of members, Art. IV, Sec. 1
-
International organizations, relations with, Art. X
-
International surveillance of international liquidity, Art, VIII, Sec. 7
-
Interpretation of the Agreement:
-
Arbitration of disagreement between Fund and withdrawing member or member during liquidation of Fund, Art. XXIX(c)
-
Committee on Interpretation of Board of Governors, Art. XXI(c); Art. XXIX(b)
-
Decision, final, by Board of Governors, Art. XXIX(b)
-
Explanation of terms, Art. XXX
-
Matters relating exclusively to Special Drawing Rights Department, Art. XXI(c)
-
Question arising between Fund and member or between members to be submitted to Executive Board, Art. XXIX(a)
-
-
Intervention arrangements, Art. IV, Sec. 4
-
Investment Account:
-
Conduct of operations and transactions in General Department, Introd. Art. (iii)
-
Currency held not included in computations relating to quota, Art. V, Sec. 10(c)
-
Distribution of assets on termination or reduction, Art. XII, Sec. 6(f)(vii)–(ix)
-
Establishment and procedures, Art. XII, Sec. 6(f)
-
Holdings of currency or obligations of withdrawing member, Sched. J, par. 8, 9
-
Termination, Art. XII, Sec. 6(f)(vi) – (viii)
-
Transfer of part of excess from sale of gold, Art. V, Sec. 12(g); Art. XII, Sec. 6(f)(ii), (ix)
-
Transfer of withdrawing member’s currency to General Resources Account, Sched. J, par. 1
-
-
Investment, furnishing of information on international position by member, Art. VIII, Sec. 5(a)(vii)
-
Investment of Fund’s assets:
-
Income, Art. XII, Sec. 6(f)(iv)
-
Member’s currency held in Investment Account, Art. XII, Sec. 6(f)(iii)
-
Member’s currency held in Special Disbursement Account, Art. V, Sec. 12(h)
-
Proceeds from sale of gold acquired after the second amendment, Art. V, Sec. 12(k)
-
Reduction of amount, Art. XII, Sec. 6(f)(ix)
-
-
Liquidation of Fund:
-
Administration, Sched. I, par. 2; Sched. K
-
Decision of Board of Governors, Art. XXV(a); Art. XXVII, Sec. 2
-
Decision within six months of decision to liquidate Special Drawing Rights Department, Sched. I, par. 2 Disagreement during, Art. XXIX(c)
-
Settlement of accounts within six months of withdrawal from membership, Art. XXVII, Sec. 2; Sched. J, par. 10; Sched. K
-
Termination of Investment Account, Art. XII, Sec. 6(f)(vi) – (viii)
-
Termination of Special Disbursement Account, Art. V, Sec. 12(j)
-
-
Liquidation of Special Drawing Rights Department:
-
Administration, Sched. I
-
Decision of Board of Governors, Art. XXV(a)
-
Decision within six months of decision to liquidate Fund, Sched. I, par. 2
-
Distribution of currency paid by participant in default, Sched. I, par. 7, 8
-
Payment of interest during liquidation, Sched. I, par. 5
-
Redemption by Fund of special drawing rights of holders, Art. XXV(c); Sched. I, par. 3, 7
-
Settlement with terminating participant, Sched. H, par. 4
-
Temporary suspension of allocations or cancellations and operations and transactions in an emergency, Art. XXV(a)
-
-
Liquidity, international:
-
Collaboration of members, Art. VIII, Sec. 7
-
International surveillance, Art. VIII, Sec. 7
-
Supervision of, Sched. D, par. 2(a)
-
-
Maintenance of value of members’ currencies:
-
Currencies held in General Resources Account, Art. V, Sec. 11
-
Currencies of participants distributed in event of liquidation of Special Drawing Rights Department, Sched. I, par. 8
-
Currency of withdrawing member, Sched. J, par. 6
-
-
Management; see Organization and management
-
Managing Director:
-
Chairman of Executive Board, Art. XII, Sec. 4(a)
-
Chief of operating staff, Art. XII, Sec. 4(b)
-
Duty to Fund, Art. XII, Sec. 4(c)
-
Immunities and privileges, Art. IX, Sec. 8, 9(b)
-
Participation in meetings of Board of Governors, Art. XII, Sec. 4(a)
-
Proposals for allocation or cancellation of special drawing rights, Art. XVIII, Sec. 4
-
Provision for, Art. XII, Sec. 1
-
Salary and terms of contract of service to be determined by Board of Governors, Art. XII, Sec. 2(i)
-
Selection by Executive Board, Art. XII, Sec. 4(a)
-
Subject to general control of Executive Board, Art. XII, Sec. 4(b) Vote in Executive Board, Art. XII, Sec. 4(a)
-
-
Margins for spot exchange transactions, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
-
Meetings:
-
Board of Governors, participation by Managing Director, Art. XII, Sec. 4(a)
-
Board of Governors, provisions for, Art. XII, Sec. 2(c); Art. XXI(a)(i)
-
Board of Governors, quorum, Art. XII, Sec. 2(d); Art. XXI(a)(i)
-
Council, Sched. D, par. 4, 5(a)
-
Executive Board, attendance by member whose request or a matter particularly affecting that member is under consideration, Art. XII, Sec. 3(j)
-
Executive Board, participation by Alternate Executive Directors, Art. XII, Sec. 3(e)
-
Executive Board, quorum, Art. XII, Sec. 3(h); Art. XXI(a)(ii)
-
-
Members (see also Holdings; Obligations of members; Territories):
-
Acceptance of membership, effective date, Art. XXXI, Sec. 2(b)
-
Acceptance of membership in accordance with member’s law, Art. XXXI, Sec. 2(a)
-
Action by member to make effective in terms of its law the status, immunities, and privileges of Fund, Art. IX, Sec. 10
-
Agencies dealing with Fund, Art. V, Sec. 1
-
Allocations of special drawing rights to member becoming a participant after start of basic period, Art. XVIII, Sec. 2(d)
-
Amendments to the Agreement, acceptance by, Art. XXVIII(a), (b)
-
Appointment of Councillors, Alternates, and Associates, Sched. D, par. 1(a), (b)
-
Communication of views of Fund to members, Art. XII, Sec. 8
-
Concurrence of member in investment of its currency, Art. V, Sec. 12(h); Art. XII, Sec. 6(f)(iii)
-
Concurrence of member in use of its currency, Art. III, Sec. 3(a), (c); Art. V, Sec. 6(c), 12(c); Art. VII, Sec. 1(i); Sched. B, par. 7(b); Sched. J, par. 1
-
Consent and payment required for change of quota, Art. III, Sec. 2(d)
-
Consultations between members regarding existing international agreements, Art. VIII, Sec. 6
-
Developing, sale of gold for benefit, Art. V, Sec. 12(f)(ii), (iii); Sched. B, par. 7(b)
-
Information required by Fund, Art. VIII, Sec. 5
-
Instrument of acceptance of the Agreement, deposit, Art. XXXI, Sec. 1, 2(a) – (c)
-
New, conditions of admission for, Art. II, Sec. 2; Art. XXXI, Sec. 2(f)
-
Notification to Fund of exchange arrangements to be applied and of any changes in these arrangements, Art. IV, Sec. 2(a)
-
On August 31, 1975, definition, Art. XXX(g)
-
On August 31, 1975, developing members, gold distribution in proportion to quotas, Art. V, Sec. 12(f)(iii)
-
On August 31, 1975, gold sales in proportion to quotas, Art. V, Sec. 12(e); Sched. B, par. 7(a)
-
On August 31, 1975, transfer of part of profits of gold sale, Sched. B, par. 7(b) Original members, Art. II, Sec. 1; Art. XXXI, Sec. 2(e); Sched. A
-
Representation at Executive Board meetings of member whose request or a matter particularly affecting that member is under consideration, Art. IX, Sec. 8; Art. XII, Sec. 3(j), 8; Art. XXIX(a)
-
Representation of need to use Fund’s general resources, Art. V, Sec. 3(b)(ii)
-
Resources contributed by, administration by Fund, Art. V, Sec. 2(b)
-
Right to participate in Special Drawing Rights Department, Introd. Art. (ii); Art. XVII, Sec. 1
-
Signature of Articles of Agreement, Art. XXXI
-
Withdrawal, compulsory, Art. XIV, Sec. 3; Art. XXVI, Sec. 2; Sched. C, par. 7, 8
-
Withdrawal, right, Art. XXVI, Sec. 1; Art. XXVIII(b)(i)
-
Withdrawal, simultaneous termination of participation in Special Drawing Rights Department, Art. XXIV, Sec. 1(b)
-
Withdrawing, guarantee of unrestricted use of currency disposed of, Sched. J, par. 6
-
Withdrawing, indebtedness to Fund, Sched. J, par. 7–10
-
Withdrawing, settlement of accounts, Art. XXVI, Sec. 3; Sched. J
-
-
Multilateral system of payments for current transactions, Fund’s purpose to assist in establishment, Art. I(iv)
-
Multiple currency practices, obligation of member to avoid, Art. VIII, Sec. 3
-
National income, furnishing of information concerning, Art. VIII, Sec. 5(a)(viii)
-
Negative balances of special drawing rights; see Special drawing rights
-
Net cumulative allocation of special drawing rights; see Special drawing rights
-
Net income, distribution, Art. XII, Sec. 6
-
Non-member countries:
-
Prescription as other holders of special drawing rights, Art. XVII, Sec. 3(i)
-
Restrictions on transactions with, Art. XI, Sec. 2
-
Undertakings regarding relations with, Art. XI, Sec. 1; Art. XXVII, Sec. 1(a)(iii)
-
-
Non-participants in Special Drawing Rights Department:
-
Discharge of obligation payable in special drawing rights with currencies of other members specified by Fund, Sched. B, par. 2
-
Payment of special drawing rights part of quota increase in currencies of other members, Art. III, Sec. 3(a)
-
Prescription as other holders of special drawing rights, Art. XVII, Sec. 3(i)
-
-
Obligations of members:
-
Assets of Fund, obligation to guarantee against loss, Art. XIII, Sec. 3
-
Avoidance of discriminatory currency practices, Art. VIII, Sec. 3
-
Avoidance of restrictions on current payments, Art. VIII, Sec. 2
-
Collaboration regarding policies on reserve assets, Art. VIII, Sec. 7
-
Collaboration to assure orderly exchange arrangements and promote stable system of exchange rates, Art. IV, Sec. 1
-
Compliance regarding exchange arrangements, surveillance by Fund, Art. IV, Sec. 3
-
Consultation between members regarding existing international agreements, Art. VIII, Sec. 6
-
Convertibility of foreign-held balances, Art. VIII, Sec. 4
-
Discriminatory currency arrangements, Fund approval required, Art. VIII, Sec. 3
-
Exchange arrangements, Art. IV; Sched. C, par. 9
-
Failure to fulfill, Art. V, Sec. 5; Art. VI, Sec. 1(a); Art. XIV, Sec. 3; Art. XXVI, Sec. 2; Sched. M, par. 5
-
Furnishing of information, Art. VIII, Sec. 5
-
Multiple currency practices, Fund approval required, Art. VIII, Sec. 3
-
Notification to Fund concerning transitional arrangements or acceptance of Article VIII, Sec. 2–4, Art. XIV, Sec. 1
-
Relations with non-member countries, Art. XI
-
Repurchase, Art. V, Sec. 7
-
Reserve assets, collaboration regarding policies on, Art. VIII, Sec. 7
-
Restrictions on payments and transfers for current transactions, Fund approval required, Art. VIII, Sec. 2(a)
-
-
Obligations of participants in Special Drawing Rights Department:
-
Failure to fulfill, Art. XXIII, Sec. 2; Sched. M, par. 5
-
General obligations, Art. XXII
-
Liquidation of Special Drawing Rights Department, Sched. I, par. 1, 5, 7, 8
-
Payment of interest, charges, and assessments, Art. XX, Sec. 5
-
Reconstitution of holdings, Art. XIX, Sec. 6(a); Sched. G
-
Requirement of need, Art. XIX, Sec. 3(a)
-
Termination of participation, settlement, Art. XXIV, Sec. 4, 5; Sched. H
-
To provide freely usable currency to participant using special drawing rights on designation by Fund, Art. XIX, Sec. 4(a)
-
To receive allocations of special drawing rights, Art. XVIII, Sec. 2(e)
-
-
Offices, location of, Art. XIII, Sec. 1
-
Operations and transactions:
-
Capital transactions, Art. VI, Sec. 1(b); Art. XXX(d)
-
Conduct by General Department and Special Drawing Rights Department, Introd. Art. (ii), (iii); Art. XXI
-
Current transactions, Art. XXX(d)
-
Decisions affecting, majorities required, Art. XXI(a)(iii)
-
Definitions of transactions and operations in special drawing rights, Art. XXX(i)
-
Definitions of transactions and operations of Fund, Art. XXX(h)
-
Immunity from taxes, Art. IX, Sec. 9; Art. XXI(b)
-
Limitations, Art. V, Sec. 2; Art. XXVII, Sec. 1
-
Other holders of special drawing rights, Art. XVII, Sec. 2, 3
-
Publication of summary statement, Art. XII, Sec. 7(a)
-
Separation of General Department and Special Drawing Rights Department, Introd. Art. (ii), (iii); Art. XVI, Sec. 1; Sched. M, par. 5(d)
-
Special drawing rights, Art. XVII, Sec. 2, 3; Art. XIX; Art. XXX(i)
-
Temporary suspension of certain provisions of the Agreement, Art. XXIII, Sec. 1; Art. XXVII, Sec. 1; Sched. D, par. 5(a)
-
Temporary suspension of, in special drawing rights, Art. XXIII; Sched. D, par. 5(a)
-
Temporary suspension of operations and transactions pending decision to liquidate Fund, Art. XXVII, Sec. 2(a)
-
-
Organization and management:
-
Board of Governors, Art. XII, Sec. 2
-
Communication of views to members, Art. XII, Sec. 8
-
Executive Board, Art. XII, Sec. 3
-
Location of offices, Art. XIII, Sec. 1
-
Managing Director and staff, Art. XII, Sec. 4
-
Publication of reports, Art. XII, Sec. 7
-
Structure of Fund, Art. XII, Sec. 1
-
Voting of members, Art. XII, Sec. 5
-
-
Par values (see also Exchange arrangements; Exchange rates):
-
Authority for establishment, Art. IV, Sec. 4; Sched. C, par. 1
-
Change, Art. XXVIII(b)(iii); Sched. C, par. 6, 7
-
Concurrence by Fund, Sched. C, par. 4
-
Failure to fulfill obligations, Sched. C, par. 7, 8
-
Introduction of widespread system of exchange arrangements based on stable but adjustable, Art. IV, Sec. 4
-
New proposal by member for whose currency par value has ceased to exist, Sched. C, par. 10
-
Spot exchange transactions, margins, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
-
Termination, Sched. C, par. 8
-
Uniform proportionate changes, Sched. C, par. 11
-
Unrealistic, maintenance to be discouraged, Sched. C, par. 7
-
-
Participants in Special Drawing Rights Department (see also Obligations of participants in Special Drawing Rights Department; Special Drawing Rights Department):
-
Allocations to members that become participants after start of a basic period, Art. XVIII, Sec. 2(d)
-
Assessments and payment of interest and charges, Art. XX, Sec. 4, 5
-
Broad support for allocation and cancellation of special drawing rights to be ascertained, Art. XVIII, Sec. 4(b)
-
Consultation with Fund on procedure for determining exchange rates, Art. XIX, Sec. 7(c)
-
Definition, Art. XVII, Sec. 1
-
Deposit of instrument of undertaking, Art. XVII, Sec. 1
-
Designation and timing for acquiring special drawing rights for reconstitution, Sched. G, par. 1(a)(ii)
-
Designation, due regard to be paid in replenishing currencies with special drawing rights, Art. VII, Sec. 1(ii)
-
Designation rules, review, Art. XIX, Sec. 5(c)
-
Designation to provide currency for special drawing rights, Art. XIX, Sec. 4(a), 5; Sched. F
-
Failure to fulfill expectation of requirement of need, Art. XIX, Sec. 3(b), (c), 5(a)(ii)
-
Failure to fulfill obligation to provide currency, Art. XXIII, Sec. 2(a), (c)–(e)
-
Guarantee of unrestricted use of currency distributed in liquidation of Special Drawing Rights Department, Sched. I, par. 8
-
Information to be provided to Fund, Art. XVI, Sec. 3
-
Nonreceipt of allocations of special drawing rights, Art. XVIII, Sec. 2(e); Sched. M, par. 4
-
Obligation to provide currency for special drawing rights, Art. VII, Sec. 1(ii); Art. XIX, Sec. 4; Art. XXIII, Sec. 2(d)
-
Operations and transactions between participants, Art. XIX, Sec. 2
-
Operations and transactions with prescribed holders, Art. XVII, Sec. 3(iii)
-
Reconstitution obligation, Art. XIX, Sec. 6; Sched. G
-
Requirement of need, Art. XIX, Sec. 3
-
Specified by Fund to provide a currency in settlement of obligation to terminating participant, Art. XXIV, Sec. 5
-
Termination of participation, Art. XXIV; Sched. H
-
-
Payments; see Balance of payments; Current transactions
-
Price indices, furnishing of information concerning, Art. VIII, Sec. 5(a)(ix)
-
Price movements, consideration in determination to introduce par values, Art. IV, Sec. 4
-
Price stability, obligation of member to direct policies toward, Art. IV, Sec. 1(i)
-
Privileges; see Status, immunities, and privileges
-
Purchase of exchange; see Use of Fund’s general resources
-
Purposes of Fund:
-
Allocation and cancellation of special drawing rights to promote attainment, Art. XVIII, Sec. 1(a)
-
Capital movements in accordance with, Art. VI, Sec. 1(b)(ii)
-
Continuous regard by members in foreign exchange policies, Art. XIV, Sec. 2
-
Exchange arrangements consistent with, Art. IV, Sec. 2(c); Sched. C, par. 3, 9
-
Financial and technical services of Fund, including administration of resources contributed by members, consistent with the, Art. V, Sec. 2(b)
-
Policies and decisions to be guided by, Art. I
-
Statement, Art. I
-
Use of Fund’s general resources in manner contrary to, Art. V, Sec. 5
-
-
Quorum; see Meetings
-
Quotas:
-
Adjustment, Art. III, Sec. 2
-
Amendment modifying provisions dealing with change in member’s quota, Art. XXVIII(b)(ii)
-
Basis for allocation and cancellation of special drawing rights, Art. XVIII, Sec. 2(c)(iii)
-
Consent of member and payment required for change, Art. III, Sec. 2(d)
-
Distribution of net income in proportion to, Art. XII, Sec. 6(c)
-
Distribution of part of general reserve in proportion to, Art. XII, Sec. 6(d)
-
Distribution of part of proceeds from sale of gold to developing members in proportion to, Art. V, Sec. 12(f)(iii); Sched. B, par. 7(b)
-
General review at intervals of not more than five years, Art. III, Sec. 2(a)
-
Increase to full extent possible in event of liquidation of Fund, Sched. K, par. 10
-
Increases, payment, Art. III, Sec. 3(a), (b), (d)
-
Original members, Art. III, Sec. 1; Sched. A
-
Other members, Art. III, Sec. 1
-
Percentage of, applying to remuneration, Art. V, Sec. 9
-
Proposal for increase at any time for those members that were members on August 31, 1975, Art. III, Sec. 2(b)
-
Reduction of payment by Fund to member, Art. III, Sec. 3(c)
-
Sale of gold to members in proportion to, Art. V, Sec. 12(e); Sched. B, par. 7(a)
-
-
Reconstitution of holdings of special drawing rights:
-
Acquisition of special drawing rights from General Resources Account to fulfill obligation, Sched. G, par. 1(a)(iv)
-
Failure to comply with rules, Sched G, par. 2
-
Obligation of participants, Art. XIX, Sec. 6; Sched. G, par. 1(a)(i), (iv)
-
Participants subject to designation to promote, Art. XIX, Sec. 3(c), 5(a)(ii); Sched. G, par. 1(a)(ii)
-
Rules during first basic period, Sched. G, par. 1
-
Rules, review at any time, Art. XIX, Sec. 6(b)
-
-
Remuneration on members’ creditor positions:
-
Payment in special drawing rights or in member’s own currency, Art. V, Sec. 9(d)
-
Payment on amount by which prescribed percentage of a member’s quota exceeds average daily balances of Fund’s holdings of the member’s currency, Art. V, Sec. 9
-
Percentage of quota applying to, Art. V, Sec. 9
-
Rate of, determination and relation to rate of interest and charges, Art. V, Sec. 9(a)
-
Replenishment of Fund’s holdings of currency; see Scarce currencies
-
-
Reports:
-
Annual report, Art. XII, Sec. 7(a)
-
Audited statement of accounts, Art. XII, Sec. 7(a)
-
Exchange restrictions, annual, Art. XIV, Sec. 3
-
General scarcity of particular currency, Art. VII, Sec. 2
-
Other reports deemed desirable, Art. XII, Sec. 7(b)
-
Publication of, made to member regarding its monetary or economic conditions which tend to produce serious disequilibrium in international balance of payments, Art. XII, Sec. 8
-
Summary statement of operations and transactions and holdings of special drawing rights, gold, and members’ currencies, Art. XII, Sec. 7(a)
-
-
Repurchases of currency held by Fund:
-
Change of periods for, Art. V, Sec. 7(c), (d), (f)
-
Conditions governing, Art. V, Sec. 7(b)– (j); Art. XXVII, Sec. 1(a)(i); Sched. B
-
Currency not acquired by purchase and subject to charges, Art. V, Sec. 7(e)
-
Entitlement to repurchase at any time holdings subject to charges, Art. V, Sec. 7(a); Art. XXVII, Sec. 1(a)(i)
-
Failure to make repurchase required, charges on Fund’s holdings, Art. V, Sec. 8(c)
-
Installments, prescription during 3- to 5-year period, Art. V, Sec. 7(c)
-
Not later than five years after purchase, Art. V, Sec. 7(c)
-
Postponement, Art. V, Sec. 7(g)
-
Pursuant to a special policy on use of Fund’s general resources, adoption of other periods, Art. V, Sec. 7(d), (f)
-
Sale of Fund holdings of currency not repurchased, Art. V, Sec. 7(h)
-
Temporary suspension, Art. XXVII, Sec. 1(a)(i)
-
Transitional provisions, Sched. B, par. 1–6
-
With special drawing rights or currencies specified by Fund, Art. V, Sec. 7(i)
-
-
Requirement of need:
-
For purchase of currency from Fund’s general resources, Art. V, Sec. 3(b)(ii)
-
For use of special drawing rights, Art. XIX, Sec. 3(a)
-
-
Reserve tranche purchases:
-
Conditions governing use of Fund’s general resources, Art. V, Sec. 3(b)(iii)
-
Definition, Art. XXX(c)
-
Not subject to challenge, Art. V, Sec. 3(c)
-
Service charge, Art. V, Sec. 8(a)(i)
-
Use to meet capital transfers, Art. VI, Sec. 2; Art. XXVII, Sec. 1(a)(ii)
-
-
Reserves:
-
Balanced relationship of holdings of special drawing rights and other reserves, Sched. G, par. 1(b)
-
Global need to supplement, consideration in decisions on allocation and cancellation of special drawing rights, Art. XVIII, Sec. 1
-
Objective of making special drawing right principal reserve asset, Art. VIII, Sec. 7
-
Obligation of members to collaborate regarding policies on reserve assets, Art. VIII, Sec. 7
-
Position, relation to participants’ designation to provide currency, Art. XIX, Sec. 5(a)(i)
-
Position, taken into account in selection of currencies to be sold, Art. V, Sec. 3(d)
-
Repurchase expected as reserve position improves, Art. V, Sec. 7(b)
-
Transactions in special drawing rights not for sole purpose of changing composition, Art. XIX, Sec. 3(a)
-
-
Reserves of Fund:
-
General reserve, distribution, Art. XII, Sec. 6(d)
-
Placement of net income to general or special reserve, Art. XII, Sec. 6(a)
-
Special reserve, use, Art. XII, Sec. 6(b)
-
-
Restrictions on payments and transfers; see Exchange restrictions
-
Rules and Regulations, adoption by Board of Governors, Council, and Executive Board, Art. XII, Sec. 2(g); Sched. D, par. 5(a)
-
Scarce currencies:
-
Administration of restrictions, Art. VII, Sec. 4
-
Effect of other international agreements on restrictions, Art. VII, Sec. 5
-
Exception to entitlement of member to purchase currency of another member, Art. V, Sec. 3(d)
-
Exception to Fund payment of installment due to withdrawing member, Sched. J, par. 3
-
Exception to obligation of member not to impose restrictions on current international transactions, Art. VII, Sec. 3(b); Art. VIII, Sec. 2(a)
-
Exception to obligation of member to buy balances of currency held by another member, Art. VIII, Sec. 4(b)(iv)
-
Formal declaration by Fund, Art. VII, Sec. 3(a), (b)
-
Measures to replenish Fund’s holdings, Art. VII, Sec. 1
-
Notification and report to members on general scarcity of a particular currency, Art. VII, Sec. 2
-
-
Securities:
-
Inclusion in Fund’s holdings, Art. XXX(a)
-
Substitution for currency, Art. III, Sec. 4
-
-
Separate currencies within a member’s territories, Art. IV, Sec. 5
-
Special Disbursement Account:
-
Currency held not included in computations relating to quota, Art. V, Sec. 10(c)
-
Discharge of indebtedness of withdrawing member, Art. XXVII, Sec. 2(b); Sched. J, par. 7, 10
-
Distribution of assets in event of liquidation of Fund, Sched. K, par. 2(a)(ii)
-
Establishment in General Department, Introd. Art. (iii); Art. V, Sec. 12(f)
-
Expenses, reimbursement, Art. V, Sec. 12(i)
-
Holdings of currencies or obligations of withdrawing member, Sched. J, par. 8, 9
-
Increase in quotas of members as of August 31, 1975 not to exceed amounts transferred therefrom to General Resources Account, Art. III, Sec. 2(b)
-
Investment of currencies in the Special Disbursement Account, adoption of rules and regulations, Art. V, Sec. 12(h)
-
Termination, Art. V, Sec. 12(j)
-
Transfer of assets from Investment Account on reduction of investment, Art. XII, Sec. 6 (f)(ix)
-
Transfer of assets from Investment Account upon termination prior to liquidation of Fund, Art. XII, Sec. 6(f)(viii)
-
Transfer of assets subject to disposition after sale of gold for benefit of developing members, Sched. B, par. 7
-
Transfer of withdrawing member’s currency to General Resources Account, Sched. J, par. 1
-
-
Special drawing rights (see also Charges; Interest on special drawing rights; Special Drawing Rights Department):
-
Acceptance and holding in General Resources Account, Art. XXI(a)(iii)
-
Acquisition by terminating participant to discharge obligation, Sched. H, par. 2
-
Acquisition to fulfill reconstitution requirement, Sched. G, par. 1(a)(iv)
-
Allocation and cancellation, Art. XVIII; Sched. D, par. 5(a); Sched. M
-
Authority for allocation, Art. XV, Sec. 1
-
Balanced relationship with other reserves, Sched. G, par. 1(b)
-
Basic periods for allocation and cancellation, designation and reconstitution, Art. XVIII, Sec. 2, 3, 4; Sched. F, G
-
Exchange rates for transactions between participants, Art. XIX, Sec. 7
-
First decision to allocate, Art. XVIII, Sec. 1(b), 2(a), 4(b)
-
Fund as holder, Art. XVII, Sec. 2
-
Immunity from taxation, Art. XXI(b)
-
Interest and charges during liquidation of Special Drawing Rights Department, Sched. I, par. 5
-
Negative balances, Art. XVIII, Sec. 2(f); Art. XIX, Sec. 3(c), 5(a)(ii); Art. XX, Sec. 2
-
Net cumulative allocation, definition, Art. XXX(e)
-
Net cumulative allocations, Art. XVIII, Sec. 2(c)(iii); Art. XIX, Sec. 4(a); Art. XX, Sec. 2, 4; Art. XXV(c); Sched. F(a); Sched. G, par. 1(a)(i); Sched. I, par. 5, 7; Sched. M, par. 2(b), 3(b)
-
Nonacceptance of allocation (opting out), Art. XVIII, Sec. 2(e); Sched. M, par. 4
-
Nonacceptance of allocation, termination of effect of (opting back in), Art. XVIII, Sec. 2(e)(ii)
-
Obligation of member to sell its currency to Fund for special drawing rights held in General Resources Account, Art. VII, Sec. 1(ii)
-
One-time special allocation of special drawing rights, Art. XV, Sec. 1; Sched. M
-
Operations in, definition, Art. XXX(i)
-
Operations or transactions prejudicial to designation process, Art. XIX, Sec. 2(d)
-
Other holders, Art. XVII, Sec. 2, 3
-
Payment by Fund to member consenting to quota reduction, Art. III, Sec. 3(c)
-
Payment in purchase of foreign-held balances, Art. VIII, Sec. 4(a)
-
Payments for distribution of net income or part of general reserve, Art. XII, Sec. 6(c)–(e)
-
Principal reserve asset, Art. VIII, Sec. 7; Art. XXII
-
Principles and considerations governing allocation and cancellation, Art. XVIII, Sec. 1
-
Proper use, obligation of participants, Art. XXII
-
Provision to participant making purchase instead of currencies of other members, Art. V, Sec. 3(f)
-
Purchase and sale by Fund, Art. V, Sec. 6
-
Rates for allocation and cancellation, Art. XVIII, Sec. 2(b), 3, 4(c)(iii), (d)
-
Reconstitution of holdings, Art. XIX, Sec. 6; Sched. G
-
Recording of changes in holdings, Art. XVI, Sec. 3
-
Redemption by Fund in event of liquidation of Special Drawing Rights Department, Sched. I, par. 1, 3, 4
-
Redemption by Fund of holdings of terminating participant, Art. XXIV, Sec. 2(b), 6; Sched. H, par. 1
-
Requirement of need, Art. XIX, Sec. 3(a)
-
Reserve tranche purchase, Art. XXX(c)
-
Summary statement of operations and transactions and Fund holdings, Art. XII, Sec. 7(a)
-
Temporary suspension of allocations or cancellations and operations and transactions, Art. XXV(a)
-
Transactions in, definition, Art. XXX(i)
-
Use for discharge of obligation to pay gold to Fund in repurchase or as subscription, Sched. B, par. 2, 3
-
Use for payment of 25 percent of quota increase, Art. III, Sec. 3(a)
-
Use for payment of interest, charges, and assessments, Art. V, Sec. 8(e); Art. XX, Sec. 5; Art. XXIV, Sec. 2(a), 3
-
Use for payment of remuneration, Art. V, Sec. 9(d)
-
Use for replenishing currency holdings, Art. VII, Sec. 1(ii)
-
Use for repurchases, Art. V, Sec. 7(i)
-
Use in operations and transactions, Art. XVII, Sec. 2; Art. XIX, Sec. 1
-
Use in transactions between participants, Art. XIX, Sec. 2
-
Use to obtain own currency or freely usable currency by terminating participant, Sched. H, par. 1
-
Valuation by member of its currency in terms of, Art. IV, Sec. 2(b)
-
Valuation in terms of gold, Art. V, Sec. 12(e), (f); Sched. B, par. 3, 7; Sched. K, par. 2(a)(i)
-
Valuation method, Art. XV, Sec. 2; Art. XXI(a)(iii)
-
Valuation of Fund’s assets in terms of, Art. V, Sec. 10, 11
-
-
Special Drawing Rights Department (see also Obligations of participants in Special Drawing Rights Department; Participants in Special Drawing Rights Department):
-
Council decisions, Sched. D, par. 5(b)
-
Entry into force, Art. XVII, Sec. 1
-
Establishment and operation, Introd. Art. (ii), (iii)
-
Expenses of conducting business, reimbursement to General Department, Art. XVI, Sec. 2; Art. XX, Sec. 4, 5
-
General obligations of participants, Art. XXII
-
Indication of decisions relating to, Art. XXI(a)(iii)
-
Interest and charges, Art. XX; Art. XXIV, Sec. 3
-
Liquidation, Art. XXV; Sched. I; Sched. M, par. 5(b)
-
Non-participants’ payments when quotas are changed, Art. III, Sec. 3(a)
-
Operations and transactions, Introd. Art. (ii), (iii); Art. XVI, Sec. 1; Art. XVII, Sec. 2
-
Right of members to participate, Introd. Art. (ii); Art. XVII, Sec. 1
-
Separation from General Department, Introd. Art. (ii), (iii); Art. XVI, Sec. 1, 2
-
Temporary suspension of operations in event of emergency or unforeseen circumstances, Art. XXIII, Sec. 1
-
Termination of participation, Art. XXIV; Sched. H; Sched. M, par. 5(b)
-
Special reserve; see Reserves of Fund
-
Spot exchange transactions, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
-
Stability; see Exchange stability
-
Stabilization fund, agency dealing with Fund, Art. V, Sec. 1
-
Staff:
-
Appointment and organization, Art. XII, Sec. 4(b), (d)
-
Duty to Fund, Art. XII, Sec. 4(c)
-
Immunities and privileges, Art. IX, Sec. 8, 9(b)
-
Managing Director to be chief of operating staff, Art. XII, Sec. 4(b)
-
Provision for, Art. XII, Sec. 1
-
-
Stand-by arrangements:
-
Charge, Art. V, Sec. 8(a)(ii)
-
Definition, Art. XXX(b)
-
Policies, adoption, Art. V, Sec. 3(a)
-
-
Status, immunities, and privileges:
-
Accorded to Fund in territories of each member, Art. IX, Sec. 1
-
Action by each member in its own territory, Art. IX, Sec. 10
-
Freedom of assets from restrictions, Art. IX, Sec. 6
-
Immunities and privileges of officers and employees, Art. IX, Sec. 8, 9; Sched. D, par. 5(d)
-
Immunities from taxation, Art. IX, Sec. 9; Art. XXI(b)
-
Immunity from judicial process, Art. IX, Sec. 3
-
Immunity from other action, Art. IX, Sec. 4
-
Immunity of archives, Art. IX, Sec. 5
-
Juridical personality of Fund, Art. IX, Sec. 2
-
Privilege for communications, Art. IX, Sec. 7
-
Status of Fund, Art. IX, Sec. 2
-
-
Subscriptions:
-
Amount to be transmitted to U.S. Government when the Agreement is signed, Art. XXXI, Sec. 2(d), (h)
-
Discharge with special drawing rights of any obligation to pay gold, Sched. B, par. 2, 3
-
Equal to member’s quota, Art. III, Sec. 1
-
New members, terms to be consistent with those of previous members, Art. II, Sec. 2
-
Payment in full to Fund at appropriate depository, Art. III, Sec. 1
-
Payment in special drawing rights, currencies of other members specified by Fund, or member’s own currency, Art. III, Sec. 3(a)
-
Payments when quotas are changed, Art. III, Sec. 2(d), 3
-
Repayment in case of liquidation, Sched. K, par. 1
-
-
Surveillance; see Exchange arrangements; International surveillance of international liquidity
-
Suspension of transactions:
-
In emergency pending decision on liquidation of Fund, Art. XXVII, Sec. 2(a)
-
In event of emergency or unforeseen circumstances, Art. XXIII, Sec. 1; Art. XXVII, Sec. 1
-
Participant that fails to comply with rules for reconstitution, Sched. G, par. 2
-
Participant that has failed to fulfill obligations with respect to special drawing rights, Art. XXIII, Sec. 2
-
Special drawing rights, Art. XXIII
-
-
Taxation, immunities from, Art. IX, Sec. 9; Art. XXI(b)
-
Technical services; see Financial and technical services
-
Termination of participation in Special Drawing Rights Department, Art. XXIV; Sched. H
-
Territories:
-
Acceptance of the Agreement in respect of, Art. XXXI, Sec. 2(g)
-
Immunities of Fund in, Art. IX, Sec. 10
-
Margins for spot exchange transactions within territories of member having par value, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
-
Transactions with non-members, Art. XI, Sec. 1, 2; Art. XXVII, Sec. 1(a)(iii)
-
Unenforceability of exchange contracts in, Art. VIII, Sec. 2(b)
-
-
Trade, international, facilitation of expansion and balanced growth, Art. I(ii)
-
Transactions; see Operations and transactions
-
Transitional arrangements:
-
Annual report on exchange restrictions, Art. XIV, Sec. 3
-
Consultations, annual, on restrictions in force, Art. XIV, Sec. 3
-
Maintenance and adaptation of restrictions on payments and transfers, Art. XIV, Sec. 2
-
Notification to Fund, Art. XIV, Sec. 1
-
Representations by Fund on restrictions inconsistent with purposes of Fund, Art. XIV, Sec. 3
-
Withdrawal of exchange restrictions, Art. XIV, Sec. 2, 3
-
-
Transitional provisions with respect to Executive Directors, Sched. E
-
Transitional provisions with respect to repurchase, payment of additional subscriptions, gold, and certain operational matters, Sched. B
-
Treasury, agency dealing with Fund, Art. V, Sec. 1
-
Unexpected major developments, change in rates or intervals for allocation or cancellation of special drawing rights, Art. XVIII, Sec. 3, 4(a), (d)
-
Unforeseen circumstances, Art. XXIII, Sec. 1; Art. XXVII, Sec. 1(a); Sched. D, par. 5(a)
-
United States Government:
-
Deposit of instrument of acceptance with, Art. XXXI, Sec. 2(a)
-
Obligation to inform all members of signatures to the Agreement and deposit of instruments of acceptance, Art. XXXI, Sec. 2(c)
-
Partial payment of subscription transmitted to, for administrative expenses, Art. XXXI, Sec. 2(d), (h)
-
-
Use of Fund’s general resources (see also Operations and transactions):
-
Buffer stocks, international, financing of contributions to, Art. XXX(c)(ii)
-
Capital transfers, Art. VI, Sec. 1, 2; Art. XXVI, Sec. 2(a); Art. XXVII, Sec. 1(a)(ii)
-
Charges, Art. V, Sec. 8; Art. XXVII, Sec. 1(a)(i)
-
Compensatory financing of export fluctuations, Art. XXX(c)(i)
-
Conditions governing use, Art. V, Sec. 3; Art. XXVII, Sec. 1(a)(i)
-
Currencies to be used in repurchases, policies and procedures, Art. V, Sec. 7(i)
-
Ineligibility, change in par value despite Fund objection, Sched. C, par. 7
-
Ineligibility, distribution of proceeds of gold sales to developing members when ineligibility ceases, Art. V, Sec. 12(e), (f)(iii)
-
Ineligibility, exception to obligation to buy foreign-held balances of currency, Art. VIII, Sec. 4(b)(v)
-
Ineligibility, failure to fulfill obligations, Art. V, Sec. 5; Art. VI, Sec. 1(a); Art. XXIII, Sec. 2(f); Art. XXVI, Sec. 2(a)
-
Ineligibility if member persists in maintaining restrictions, Art. XIV, Sec. 3
-
Ineligibility, not previously declared by Fund, Art. V, Sec. 3(b)(iv)
-
Ineligibility, termination of par value despite Fund objection, Sched. C, par. 8
-
Limitation because of use of resources contrary to Fund’s purposes, Art. V, Sec. 5
-
Policies, Art. V, Sec. 3(a), (c), (d)
-
Proceeds of sale of gold, Art. V, Sec. 12(f)
-
Purchase of currency of member which has withdrawn, Sched. J, par. 5
-
Request for purchase, examination, Art. V, Sec. 3(c)
-
Requirement of need, Art. V, Sec. 3(b)(ii)
-
Reserve tranche purchase, Art. V, Sec. 3(b)(iii), (c); Art. XXX(c)
-
Selection of currencies to be sold, Art. V, Sec. 3(d)
-
Special policies for special balance of payments problems, Art. V, Sec. 3(a), 7(d), (f)
-
Stand-by or similar arrangements, Art. V, Sec. 3(a), 8(a)(ii); Art. XXX(b)
-
Temporary suspension, Art. XXVII, Sec. 1
-
Temporary use under adequate safeguards, Art. I(v); Art. V, Sec. 3(a)
-
Waiver of conditions, Art. V, Sec. 4
-
-
Voting:
-
70 percent majority requirement:
-
Authorization to agree on exchange rates for certain transactions, Art. XIX, Sec. 7(b)
-
Charges, determination of rates, Art. V, Sec. 8(a), (b), (d)
-
Distribution from general reserve, Art. XII, Sec. 6(d)
-
Imposition of charges on failure to repurchase, Art. V, Sec. 8(c), (d)
-
Increase in percentage of quota as level for remuneration, Art. V, Sec. 9(c)
-
Investment Account, adoption of rules and regulations for administration, Art. XII, Sec. 6(f)(vi)
-
Investment Account, adoption of rules and regulations for investment of currencies, Art. XII, Sec. 6(f)(iii)
-
Investment Account, reduction of amount or termination, Art. XII, Sec. 6(f)(vi)
-
Postponement of repurchase, Art. V, Sec. 7(g)
-
Prescription of medium of payment for additional subscription, Art. III, Sec. 3(a), (d)
-
Prescription of operations between participants, Art. XIX, Sec. 2(c)
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Publication of report on member’s monetary conditions and developments, Art. XII, Sec. 8
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Rate of interest and charges on special drawing rights, Art. XX, Sec. 3
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Reconstitution rules, adoption, modification, or abrogation, Art. XIX, Sec. 6(b)
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Remuneration rate, determination, Art. V, Sec. 9(a)
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Repurchase of Fund holdings not acquired as result of purchases, adoption of policies, Art. V, Sec. 7(e)
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Special Disbursement Account, adoption of rules and regulations for investment of currencies, Art. V, Sec. 12(h)
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Special Disbursement Account, rules and regulations for administration and for termination prior to liquidation of Fund, Art. V, Sec. 12(j)
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Suspension of voting rights, Art. XXVI, Sec. 2(b)
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Termination of suspension of voting rights, Art. XXVI, Sec. 2(b)
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Transfer of currencies in General Resources Account to Investment Account, Art. XII, Sec. 6(f)(ii)
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Transfers of assets from Special Disbursement Account to General Resources Account for immediate use, Art. V, Sec. 12(f)(i)
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Uniform proportionate changes in par values, Sched. C, par. 11
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Valuation of special drawing rights, determination of method, Art. XV, Sec. 2
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85 percent majority requirement:
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Adjustment in quotas, Art. III, Sec. 2(c)
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Allocation and cancellation of special drawing rights, decisions, Art. XVIII, Sec. 2(a)–(c), 4(a), (d)
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Change in rates or intervals of allocation or cancellation or change in length of a basic period or start of a new basic period, Art. XVIII, Sec. 3, 4(a), (d)
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Compulsory withdrawal of member, Art. XXVI, Sec. 2(c)
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Council, change in number of Associates, Sched. D, par. 1(a)
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Council, establishment, Art. XII, Sec. 1
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Decisions to engage in certain gold operations or transactions, Art. V, Sec. 12(b)–(e)
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Exchange rates for certain transactions, Art. XIX, Sec. 7(b)
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Increase or decrease in number of Executive Directors, Art. XII, Sec. 3(c)
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Interpretation of Fund Agreement, overrule of decision of Committee on Interpretation, Art. XXIX(b)
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Introduction of par values, Art. IV, Sec. 4
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Margins for spot exchange transactions, adoption, Art. XXVII, Sec. 1(a) (iv); Sched. C, par. 5
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Objection to termination of par value, Sched. C, par. 8
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Policies on use of Fund’s general resources, exclusions of purchases and holdings for purpose of calculating member’s reserve tranche, Art. XXX(c)(iii)
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Prescription of other holders of special drawing rights, Art. XVII, Sec. 3(i)
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Provision for general exchange arrangements, Art. IV, Sec. 2(c)
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Repurchase, change of periods or adoption of other periods pursuant to special policy on use of general resources, Art. V, Sec. 7(c), (d)
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Temporary suspension of certain provisions, Art. XXVII, Sec. 1(a), (b)
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Temporary suspension of operations and transactions in special drawing rights, Art. XXIII, Sec. 1
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Transfer of part of excess from sale of gold to Investment Account, Art. V, Sec. 12(g)
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Use of assets of Special Disbursement Account for operations and transactions not authorized by other provisions and for distribution to developing members, Art. V, Sec. 12(f)(ii), (iii)
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Valuation of special drawing right, change in principle or in application of principle in effect, Art. XV, Sec. 2
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Adjustment of votes, waiver of conditions and ineligibility to use Fund’s general resources, Art. V, Sec. 4, 5; Art. XII, Sec. 5(b)
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Alternate Governor, Art. XII, Sec. 2(a)
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Amendment of the Agreement, Art. XXVIII(a)
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Basic votes, Art. XII, Sec. 5(a)(i); Sched. L, par. 2
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Board of Governors, matters pertaining exclusively to Special Drawing Rights Department, Art. XXI(a)(i)
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Board of Governors, meetings called by Executive Board, Art. XII, Sec. 2(c)
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Cast by Councillor for member whose votes cannot be cast by an Executive Director, Sched. D, par. 3(b), 5(b)
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Council, matters pertaining exclusively to Special Drawing Rights Department, Sched. D, par. 5(b)
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Decisions, General Department, Special Drawing Rights Department, Art. XXI(a)(iii)
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Election of Executive Director to fill vacancy, Art. XII, Sec. 3(f)
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Election of Executive Directors, procedures, Art. XII, Sec. 3(d), (f), (i); Sched. E
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Executive Board, matters relating exclusively to Special Drawing Rights Department, Art. XXI(a)(ii)
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Majority of total voting power of Executive Board for termination of suspension of operation of certain provisions, Art. XXVII, Sec. 1(c)
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Majority of votes cast for Fund decisions unless otherwise provided for, Art. XII, Sec. 5(c)
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Number of votes, cast by Executive Directors, Art. XII, Sec. 3(i)
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Number of votes, Councillors, Sched. D, par. 3(b), 5(b)
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Number of votes, Governors, Art. XII, Sec. 2(e)
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Number of votes, members, Art. XII, Sec. 5
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Quorum for meetings of Board of Governors, Art. XII, Sec. 2(d)
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Quorum for meetings of Executive Board, Art. XII, Sec. 3(h)
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Quota-based votes, Art. XII, Sec. 5(a)(ii) Special majorities; see 70 percent majority requirement; 85 percent majority requirement; Majority of total voting power …, above
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Suspension of voting rights, Art. XII, Sec. 3(i)(iii); Art. XXVI, Sec. 2(b); Sched. D, par. 5(e); Sched. L
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Weighted voting, Art. XII, Sec. 2(e), 3(i), 5
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Without meeting, Council, Sched. D, par. 5(c)
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Without meeting, Governors, Art. XII, Sec. 2(f); Sched. D, par. 5(a)
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Waiver of conditions governing use of general resources, Art. V, Sec. 4
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Withdrawal from membership;see Members