Article XX, Section 4

International Monetary Fund
Published Date:
July 2012
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Review of the Fund’s Income Position for FY 2011 and FY 2012—Assessment Under Article XX, Section 4 for FY 2011

Pursuant to Article XVI, Section 2 and Article XX, Section 4 of the Articles of Agreement and Rule T-2 of the Fund’s Rules and Regulations, it is decided that: (i) The General Department shall be reimbursed for the expenses of conducting the business of the SDR Department for the period of May 1, 2010 through April 30, 2011; and (ii) An assessment shall be levied on all participants in the SDR Department. The special drawing right holdings accounts of participants shall be debited on April 30, 2011 with an amount equal to 0.00134050 percent of their net cumulative allocations of special drawing rights. The total assessment shall be paid into the General Department. (EBS/11/53, 04/07/11)

Decision No. 14893-(11/37),

April 20, 2011

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