Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
April 1983
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Index

(* indicates Decision as amended)

Decision No. 170-3Page 3
AAccounting by members for transactions with the Fund170-33
Accounts:
Administrative accounts, balances held not in excess of 0.1 per cent of quota, exclusion from Fund’s holdings of member’s currency7060-(82/23)300
Borrowed Resources Suspense Accounts6844-(81/75)217
6845-(81/75)218
7188-(82/114)203
General Account; see General Resources Account, below
General Resources Account:
Adjustment of currency holdings of members5590-(77/163)112
Exchange rate for Fund computations5590-(77/163)112
Level of Fund SDR holdings, maintenance6275-(79/158) G/S91
7131-(82/80)95
Purchase of SDRs for payment of charges* 5702-(78/39) G/S110
Reimbursement for expenses of carrying out business of supplementary financing facility Subsidy Account6683-(80/185) G/TR327
Reimbursement for expenses of conducting business of Trust Fund5069-(76/72)303, 310
Sales of SDRs for payment of quota increases by members under 7th General Review of Quotas6663-(80/160)S100
Special Disbursement Account, transfers to supplementary financing facility Subsidy Account6683-(80/185) G/TR321, 322, 323
6704-(80/185) TR319
Special Drawing Rights Department, payment of net charges and assessments7116-(82/68)S295
Subsidy Accounts:
Oil facility*4473-(75/136)329
Annual review and payments for financial year:
19816842-(81/71)332
19827104-(82/63)332
Supplementary financing facility:
Instrument6683-(80/185) G/TR321
Investment of currencies6854-(81/78) SBS328
Subsidy payments, July 1, 1981–June 30, 19827179-(82/102) SBS329
Transfer of funds from Special Disbursement Account following termination of Trust Fund6704-(80/185) TR319
Trust Fund, special accounts5069-(76/72)309
Adjustment process, international, review5392-(77/63)12
Administrative accounts; see Accounts
Andean Reserve Fund, prescription as holder of special drawing rights6486-(80/77)S274
Arab Monetary Fund, prescription as holder of special drawing rights6609-(80/126)S275
Articles of Agreement1
Amendment, SecondB/G Res. 29-8346
B/G Res. 29-10357
Article I, purposes of the Fund287-319
433-(55/42)236
1034-(60/27)241
*4377-(74/114)27
*4773-(75/136)329
5069-(76/72)303
Article III, Section 2, adjustment of quotas408-23
Article III, Section 2(a), general review of quotasB/G Res. 34-2365
B/G Res. 38-1376
Article IV:
Consultations5392-(77/63)13
6026-(79/13)15
6056-(79/38)21,23
6532-(80/93)16
6790-(81/43)259
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Exchange arrangements5392-(77/63)13
5712-(78/41)8
Article IV, Section 3, surveillance over exchange rate policies5392-(77/63)10
6026-(79/13)15
6532-(80/93)16
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Article V, Section 1*1289-(62/1)125
7337-(83/37)139
Article V, Section 3, application of Fund policies to purchases of currency borrowed by Fund*1289-(62/1)122
7337-(83/37)136
Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning287-318
Article V, Section 3(b) (iii), waiver4241-(74/67)81
*377-(74/114)30
5508-(77/127)37
6783-(81/40)45
Article V, Section 3(d):
Sale of members’ currencies for repurchases5704-(78/39)102
Selection of currencies in purchases6273-(79/158) G/S88
6274-(79/158)89
6352-(79/183)92
6774-(81/35)96
Article V, Section 3(f), transfers of SDRs6275-(79/158)G/S91
Article V, Section 5, limitation on use of Fund’s resources284-399
286-199
Article V, Section 6, sale of SDRs by the Fund6663-(80/160)S100
Article V, Section 6(b), transfers of SDRs by the Fund6274-(79/158)89
6774-(81/35)96
Article V, Section 7, repurchases*1289-(62/1)122
*5703-(78/39)106, 107
5704-(78/39)102
5809-(78/88)108
7337-(83/37)136
Article V, Section 7(b), early repurchases5704-(78/39)101
6172-(79/101)103
6273-(79/158)G/S88
Article V, Section 7(d), prompt repurchase of overcompensation under compensatory financing facility65
Article V, Section 7(i), guidelines for selection of currencies used in repurchases6274-(79/158)89
6774-(81/35)96
Article V, Section 8, media of payment of charges*5702-(78/39)G/S110
Article V, Section 8(b), charges*5703-(78/39)105
6008-(79/3)171
7060-(82/23)300
Article V, Section 8(b), (c), and (d), charges4239-(74/67)110
Article V, Section 9(a), remuneration7060-(82/23)300
Article V, Section 11, adjustment of Fund’s holdings of members’ currencies5590-(77/163)113
Article V, Section 12(f)(ii), balance of payments assistance on special terms to low-income developing members in difficult circumstances6704-(80/185) TR320
Article VI, Section 1, use of Fund’s resources541-(56/39)116
1238-(61/43)18
Article VI, Section 3, controls on capital transfers541-(56/39)116
Article VII, replenishment of Fund’s holdings of currencie4242-(74/67)219
4635-(75/47)224
5508-(77/127)33
5509-(77/127)162
6783-(81/40)41
6843-(81/75)173
Article VII, Section 1, borrowing by Fund*1289-(62/1)117
4242-(74/67)219
4635-(75/47)224
7337-(83/37)131
Article VIII:
Bilateralism433-(55/42)236
Consultations5392-(77/63)13
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Retention quotas201-(53/29)239
Article VIII and Article XIV1034-(60/27)241
Article VIII, Sections 2, 3, and 4, acceptance of obligations1034-(60/27)241,242
Article VIII, Section 2(a):
Payments restrictions144-(52/51)235
3153-(70/95)244
Article VIII, Section 2(b), unenforceability of exchange contracts446-4233
Article VIII, Section 3, multiple currency practices237-2252
5712-(78/41)9
6790-(81/43)258
Article VIII, Section 7B/G Res. 34-3390
Article IX, Section 7, privilege for communications534-3262
Article XII, Section 3(b) (i) and 3(f)2-1265
Article XII, Section 3(c):
Additional appointed Executive Directors* 574-2265
Determination of member’s entitlement to appoint Executive Director7060-(82/23)300
“The preceding two years,” meaning597-4266
Article XIV:
Articles VIII and XIV1034-(60/27)241
Bilateralism433-(55/42)236
Consultations5392-(77/63)13
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Retention quotas201-(53/29)237, 239
Article XIV, Section 11034-(60/27)242
Article XIV, Section 2:
Multiple currency practices237-2252
Payments restrictions144-(52/51)235
3153-(70/95)244
Transitional arrangements446-4234
Article XIV, Section 3117-1267
237-2253
Article XVII, Section 3, other holders of special drawing rights6467-(80/71)S271
6484-(80/77)S274
6485-(80/77)S275
6486-(80/77)S274, 275
Article XVIII, allocation of special drawing rightsB/G Res. 24-12386
B/G Res. 34-3388, 398, 399, 400
Article XVIII, Section 2(d), allocations of special drawing rights to new participants5956-(78/180)S277
6368-(79/191)S277
Article XIX, Section 2(c):
Acceptance and use of special drawing rights by prescribed holders6467-(80/71)S271
Operations and transactions in special drawing rights between participants*6000-(79/1)S278
6001-(79/1)S279
*6053-(79/34)S281
*6054-(79/34)S283
6336-(79/178)S285
6337-(79/178)S287
6437-(80/37)S288
Article XIX, Section 5, designation of participants to provide currency6209-(79/124)S289
Article XIX, Section 5(a) (i), designation plans6273-(79/158) G/S88
Article XIX, Section 6(b), abrogation of rules for reconstitution6832-(81/65)S293
Article XIX, Section 7(a), calculation of exchange rates*1289-(62/1)124
7041-(82/8) G/S294
7337-(83/37)139
Article XX, Section 1, interest paid on holdings of special drawing rights6467-(80/71)S271
Article XX, Section 5, application against unpaid charges of special drawing rights acquired by participants after payment date7116-(82/68)S296
Article XXIIB/G Res. 34-3390
Article XXIII, Section 1, suspension of operations and transactions in special drawing rights6467-(80/71)S273
Article XXVI, Section 2(a), ineligibility to use Fund resources343-(54/47)297
Article XXVI, Section 3*1289-(62/1)125
7337-(83/37)140
Article XXVII*1289-(62/1)126
7337-(83/37)140
Article XXVII, Section 1 (a)(i), suspension of transactions covered by stand-by arrangements*270-(53/95)47
Article XXIX (a), list of interpretations underxxv
Article XXX(c):
Exclusion of purchases and holdings under buffer stock facility5591-(77/163)298
Exclusion of purchases and holdings under compensatory financing of export fluctuations2836-(69/87)298
Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)68
Exclusion of purchases and holdings under extended facility6830-(81/65)299
Exclusion of purchases and holdings under policy on enlarged access6783-(81/40)45
Exclusion of purchases and holdings under supplementary financing facility5508-(77/127)38
Exclusion of purchases under oil facility5371-(77/51)299
Exclusion relating to purchases in credit tranches6830-(81/65)299
Article XXX (f), freely usable currencies5719-(78/46)301
7337-(83/37)143
Schedule B, repurchases*5703-(78/39)106, 107
5704-(78/39)102
6008-(79/3)171
Schedule B, paragraph 7 (b), use of amounts in excess of capital value available from gold sales for benefit of developing countries5069-(76/72)302
Schedule F, rules for designation6209-(79/124)S290
Schedule G, rules for reconstitution, abrogation6832-(81/65)S293
Schedule J*1289-(62/1)125
7337-(83/37)140
Schedule K*1289-(62/1)126
4242-(74/67)224
7337-(83/37)140
Schedule K, paragraph 15288-(76/167)155
5387-(77/61)160
Asian Development Bank, prescription as holder of special drawing rights7229-(82/136)S275
Assessments, payment in SDR Department; see Accounts, Special Drawing Rights Department, payment of net charges and assessments
Attribution of reductions in Fund’s holdings of currency*6831-(81/65)108
6774-(81/35)98
Audit:
Oil facility Subsidy Account*4773-(75/136)331
Supplementary financing facility Subsidy Account6683-(80/185) G/TR327
Trust Fund5069-(76/72)302, 309
Augmentation; see Purchase transactions, Augmentation
BBalance of payments position:
Assessment for assistance from Trust Fund5069-(76/72)305
Assessment for purposes of designation plans, operational budgets, and early repurchases6273-(79/158) G/S88
Discrimination for balance of payments reasons955-(59/45)240
Bank for International Settlements:
Borrowing agreement with Fund*6863-(81/81)204
Deposit by Managing Director of currencies held in supplementary financing facility Sub-sidy Account6854-(81/78) SBS328
Prescription as holder of special drawing rights6484-(80/77)S274
B/G Res. 29-1339
Trust Fund deposits denominated in SDRs5973-(78/189) TR314
Bank of Central African States, prescription as holder of special drawing rights7064- (82/26)S275
Bilateralism433-(55/42)236
955-(59/45)240, 241
Borrowing by the Fund:
Agreement with Bank for International Settlements*6863-(81/81)204
Agreement with central banks and other official institutions6864-(81/81)207
Agreement with Saudi Arabian Monetary Agency6843-(81/75)173
Change in conversion arrangements7188-(82/114)203
Agreement with Swiss National Bank:
19765288-(76/167)152
19775387-(77/61)156
Interest, media of payment5331-(77/15)161
5488-(77/116)161
Transfer charges, media of payment5306-(77/2)161
5488-(77/116)161
Use of special drawing rights in repayment6485-(80/77)S276
Agreements between Fund and its members, memorandum of Director of the Legal Department of the Fund6843-(81/75), Annex199
Borrowed Resources Suspense Accounts6844-(81/75)217
6845-(81/75)218
7188-(82/114)203
Borrowed resources, use to finance purchases under arrangements providing enlarged access to Fund’s resources6783-(81/40)41
General Arrangements to Borrow:
Associated borrowing arrangements7337-(83/37)144
Charges*1289-(62/1)121
“Outstanding borrowing and unused credit lines,” clause in respect of GAB in guidelines for Fund borrowing7040-(82/7)232
Revised text7337-(83/37)131
Swiss National Bank, participation of7337-(83/37)143
Switzerland, association of1712-(64/29)148
Text currently in effect*1289-(62/1)117
Transferability of claims; see Transferability of claims
Use of credit arrangements for nonparticipants7337-(83/37)142
Guidelines7040-(82/7)231
Issuance of bearer notes by Fund6843-(81/75)173, 183, 190, 198
6864-(81/81)210, 211, 213, 215
Oil facility4242-(74/67)219
4635-(75/47)224
4916-(75/208)226
Authorization to make calls4741-(75/120)226
4917-(75/208)226
Calls, order4918-(75/208)227
Interest payment4242-(74/76)222, 223
4490-(74/140)227
4635-(75/47)225
4636-(75/47)227
4919-(75/208)228
Media of payments5441-(77/84)228
Transferability of claims5974-(78/190)229
Meaning of “net creditor position in the Fund”6008-(79/3)170
Supplementary financing facility:
Authorization to make calls6006-(79/3)170
Interest payment procedure6163-(79/96)171
Meaning of “net creditor position in the Fund”6008-(79/3)170
Replenishment of holdings of currencies5509-(77/127)162
Subsidy Account6683-(80/185) G/TR322
Buffer stock financing facility*2772-(69/47)70
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”5591-(77/163)298
International Natural Rubber Agreement, 19797246-(82/147)78
International Sugar Agreement, 19775597-(77/171)75
International Tin Agreements:
4th3179-(70/102)71
3351-(71/51)72
5th5127-(76/91)73
6th7247-(82/147)74
Repurchases*5703-(78/39)105
6th International Tin Agreement7247-(82/147)74, 75
1977 International Sugar Agreement5597-(77/171)77
International Natural Rubber Agreement, 19797246-(82/147)78, 79
CCapital transfers:
Controls by members541-(56/39)116
B/G Res. 29-10355
Restrictions237-2250
Use of Fund’s resources for1238-(61/43)18
B/G Res. IM-6337
Central Bank of West African States, prescription as holder of special drawing rights6908-(81/101)S275
“Changing circumstances,” adaptation of multiple currency practices237-2254
Charges:
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for calculation7060-(82/23)300
Borrowing agreements with Swiss National Bank5288-(76/167)154
5306-(77/2)161
5387-(77/61)158, 159
5488-(77/116)161
Enlarged access policy6783-(81/40)45
Extended Fund facility*4377-(74/114)30
4720-(75/114)32
6838-(81/70)56
Future changes4239-(74/67)110
General Arrangements to Borrow*1289-(62/1)121
Interest on Trust Fund loans; see Interest
Media of payment*5702-(78/39)G/S110
Oil facility4241-(74/67)83
*4634-(75/47)87
Oil facility Subsidy Account; see Accounts, Subsidy Accounts Subsidy Accounts
Payment by nonparticipant in Special Drawing Rights Department*5702-(78/39)G/S110
Payment of net charges and assessments in Special Drawing Rights Department, procedure when participants fail to hold ade-quate SDRs or to acquire them from other participants or Fund7116-(82/68)S295
Rate, effective May 1, 19827130-(82/80)111
Stand-by arrangements6838-(81/70)51
Supplementary financing facility5508-(77/127)38
Supplementary financing facility Subsidy Account; see Accounts, Subsidy Accounts
Committee on Reform of the International Monetary System and Related IssuesB/G Comp. Res.343
Final report and terminationB/G Res. 29-7344
Support of extended Fund facility*4377-(74/114)27
Voluntary Declaration on Trade and Other Current Account Measures4254-(74/75)259
Commodities (see also Buffer stock financing facility; Compensatory financing …):
Reclassification where subject to multiple currency practices237-2252, 254
Communications, privilege for534-3262
Compensatory financing of export fluctuations6224-(79/135)61
Exclusion of purchases and holdings for purpose of definition of reserve tranche purchase2836-(69/87)298
Integration of assistance with that available under decision on compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)66
Repurchases*5703-(78/39)105
Representation of intention to repurchase amount of overcompensation6224-(79/135)63, 64, 65
Compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)65
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”6860-(81/81)68
Repurchases*5703-(78/39)106
6860-(81/81)69
Conditionality; see Use of Fund’s resources, Conditionality
“Consistent with the provisions of this Agreement,” meaning in Article V, Section 3287-318
Consultations with European Monetary Cooperation Fund on calculation of representative rate for European Currency Unit7041-(82/8) G/S294
Consultations with members:
Before accepting obligations of Article VIII, Sections 2, 3, and 41034-(60/27)242
Bilateral arrangements433-(55/42)237
Changes in members’ exchange arrangements, notification to Fund5712-(78/41)9
Commodity field, attention to policies*2772-(69/47)71
Conduct by Managing Director in interval between Article IV consultations5392-(77/63)14
6026-(79/13)15
Consultations under Article IV5392-(77/63)13
6026-(79/13)15
6056-(79/38)23
6532-(80/93)16
6790-(81/43)259
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Discussions on use of Fund’s resources102-(52/11)20
During period of extended arrangement6838-(81/70)56
During period of stand-by arrangement6838-(81/70)52
Exchange measures needing approval under Article VIII1034-(60/27)242
Members’ policies in present circumstances4134-(74/4)246
Multiple currency practices237-2248
Periodic discussions under Article VIII1034-(60/27)243
Purchases under oil facility4241-(74/67)82
Resumption of purchases under extended rangements6838-(81/70)56
Resumption of purchases under stand-by arrangements*270-(53/95)47
6838-(81/70)51
Retention quotas201-(53/29)238
Special consultations5392-(77/63)14
Whether measure is exchange restriction1034-(60/27)242
Consultations with prescribed holders of special drawing rights6467-(80/71)S272
Convertibility:
Acceptance of obligations of Article VIII, Sections 2, 3, and 41034-(60/27)241
Approval of exchange restrictions1034-(60/27)241
Bilateralism433-(55/42)236
Consultation with Fund1034-(60/27)242
Discrimination955-(59/45)240
Multiple currency practices; see Multiple currency practices
Retention quotas201-(53/29)238
Credit tranches; see Tranche policies
Creditworthiness, factor in determining use of Fund’s resources102-(52/11)19
Currencies (see also Borrowing by the Fund; Convertibility; Holdings of the Fund; Investment):
Arrangements for use in operations and transactions of FundB/G Res. 31-2364
Composition of special drawing right6631-(80/145) G/S268
Freely usable currencies5719-(78/46)301
Guidelines for use in operational budgets6772-(81/35) G/S94
Guidelines for use in operations and transactions of General Resources Account6273-(79/158) G/S88
6274-(79/158)89
6774-(81/35)96
Payment of subscriptions6266-(79/156)7
B/G Res. 31-2363
B/G Res. 34-2 336,370
B/G Res. 38-1 378, 379,382
Rates for computations and maintenance of value5590-(77/163)112
Replenishment in connection with supplementary financing facility5509-(77/127)162
Sale at request of member with outstanding purchases6274-(79/158)90
6352-(79/183)92
6774-(81/35)96
Selection for payment of charges*5702-(78/39) G/S110
Specified by the Fund, use in repurchases*5703-(78/39)107
5809-(78/88)108
Subscribed to the Fund, ownership170-33
DDebt management policies; see External debt management policies
Designation; see Special drawing rights
Development Committee; see Joint Ministerial Committee …
Discriminatory practices imposed for balance of payment reasons (see also Exchange restrictions) …955-(59/45)240
Drawings; see Purchase transactions; Use of Fund’s resources
EEast Caribbean Currency Authority, prescription as holder of special drawing rights6487-(80/77)S275
Enemy-occupied, former, members, introduction of multiple currency practices237-2252, 254
Enlarged access, policy on6783-(81/40)40
Amounts to be made available under stand-by or extended arrangements, guidelines6783-(81/40)42
Borrowed Resources Suspense Accounts; see Accounts
Borrowing agreement with Bank for International Settlements*6863-(81/81)204
Borrowing agreement—with Saudi Arabian Monetary Agency6843-(81/75)173
Change in conversion arrangements7188-(82/114)203
Borrowing from central banks and other official institutions6864-(81/81)207
Charges6783-(81/40)45
Exclusion of purchases with borrowed resources and holdings under Article XXX (c)6783-(81/40)45
Forms of stand-by and extended arrangements6838-(81/70)48
Repurchases; see Repurchases
Utilization of supplementary financing facility for enlarged access resources; see Supplementary financing facility
European Currency Unit, representative rate in terms of SDR7041-(82/8)G/S294
European Monetary Cooperation Fund, consultation on calculation of representative rate for European Currency Unit7041-(82/8)G/S294
“Exceptional circumstances,” meaning in Article XIV, Section 3 (Section 4 before Second Amendment)117-1267
237-2253
Exchange arrangements, notification5392-(77/63)13
5712-(78/41)8
Exchange contracts, unenforceability446-4233
Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement446-4234
Exchange controls on capital transfers541-(56/39)116
Exchange rates:
Borrowing arrangements by Fund* 1289-(62/1)124
7337-(83/37)138
Exchange rate policies of members, surveillance5392-(77/63)10
Flexible exchange arrangements5712-(78/41)9
Floating, guidelinesB/G Res. 29-10355
Fluctuating:
Multiple currency practices (fixed and fluctuating rates)237-2249
Scope of transactions to be agreed with Fund237-2250
Free markets237-2250
Multiple currency practices arising from official action6790-(81/43)257
Notification to Fund5392-(77/63)13
5712-(78/41)8
Pegs, notification to Fund of changes5712-(78/41)8
Representative rate for European Currency Unit in terms of SDR7041-(82/8)G/S294
Unification in multiple rate systems a basic objective of Fund649-(57/33)255
Exchange restrictions (see also Payments restrictions):
Approval1034-(60/27)242
Avoidance of escalation4134-(74/4)246
4254-(74/75)259
Bilateralism433-(55/42)236
Capital transactions; see Capital transfers
Consultations with Fund1034-(60/27)242
Discrimination955-(59/45)240
Guiding principle of whether measure is a restriction on payments and transfers for current international transactions1034-(60/27)241
Introduction1034-(60/27)242
Maintenance1034-(60/27)242
Multiple currency practices237-2249
649-(57/33)255
6790-(81/43)259
Payments arrears3153-(70/95)243
Retention quotas201-(53/29)237
Security reasons; see Payments restrictions
Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 41034-(60/27)242
Withdrawal, representation by Fund117-1267
Exchange systems, avoidance of use for nonbalance of payments reasons1034-(60/27)242
Exchange taxes237-2250, 255
Notification to Fund5712-(78/41)9
Exchange transactions; see Purchase transactions
Exclusion of balances held in administrative accounts; see Accounts, Administrative accounts
Exclusion of purchases and holdings under Fund policies; see Article XXX (c
Executive Board:
Annual review of decision on oil facility Subsidy Account*4773-(75/136)331
6842-(81/71)332
7104-(82/63)333
Annual review of implementation of surveillance over members’ exchange rate policies5392-(77/63)14
6026-(79/13)15
6532-(80/93)16
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Annual review of upper-maturity limit in guidelines on performance criteria with respect to foreigon borrowing6230-(79/140)25
Communication of changes in members’ exchange arrangements5712-(78/41)9
Information on operation of buffer stocks3179-(70/102)72
5127-(76/91)72
5597-(77/171)77
7246-(82/147)79
7247-(82/147)75
Notice of repayments under oil facility5441-(77/84)228
Report to Board of Governors on quota increases under General Reviews of Quotas:
7thB/G Res. 34-2365
8thB/G Res. 38-1376
Review and change of rules for designation6209-(79/124)S290
Review of broad developments in exchange rates5392-(77/63)14
Review of decision on extended Fund facility*4377-(74/114)31
5220-(76/144)31
6140-(79/85)31
6726-(81/7)32
Review of decision on oil facility4241-(74/67)83
4393-(74/121)84
4529-(74/153)85
*4634-(75/47)85, 87
Review of functioning of international adjustment process5392-(77/63)12
Review of guidelines for borrowing by Fund7040-(82/7)232
Review of level of Fund’s SDR holdings6275-(79/158) G/S91
7131-(82/80)S95
Review of prescriptions of holders of special drawing rights6467-(80/71)S272, 273
Review of quota calculation methodB/G Res. 38-1376, 377
Executive Directors:
Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c)597-4266
Appointment by members having 5 largest quotas2-1265
Determination of members entitled to appoint under Article XII, Section 3(c)*574-2265
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for determination7060-(82/23)300
Participation in meetings of Development CommitteeB/G Res. 29-9350
Participation in meetings of Interim CommitteeB/G Res. 29-8345
Voting power, effect of quota changes180-5266
Export shortfalls, financing; see Compensatory financing of export fluctuations
Extended arrangements*4377-(74/114)27
Amendment to utilize supplementary financing7047-(82/13)58
7048-(82/13)60
Amounts to be made available under enlarged access policy decision, guidelines6783-(81/40)42
Augmentation of rights to make purchases, elimination5706-(78/39)57
Charge*4377-(74/114)30
4720-(75/H4)32
6838-(81/70)56
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”6830-(81/65)58, 299
Form under enlarged access policy6838-(81/70)48
7048-(82/13)60
Ineligibility6838-(81/70)55
Provision for enlarged access to Fund’s resources6783-(81/40)41
Provision for supplementary financing5508-(77/127)34
6693-(80/177)39
6725-(81/5)40
Repurchases; see Repurchases
Review of decision on extended Fund facility5220-(76/144)31
6140-(79/85)31
6726-(81/7)32
7157-(82/93)32
Suspension of right to engage in purchase transactions6838-(81/70)55
Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize…, above
Extended Fund facility; see Extended arrangements
External debt management policies6230-(79/140)23
F“First credit tranche,” Fund attitude to request for transactions26
Floating rates; see Exchange rates
Fluctuating exchange rates; see Exchange rates
Freely usable currencies5719-(78/46)301
Free markets; see Exchange rates
Fund income, net; see Income, net, of the Fund
Fund resources, use; see Use of Fund’s resources
Fund’s holdings; see Holdings of the Fund
GGeneral Agreement on Tariffs and Trade1034-(60/27)243
4254-(74/75)261
B/G Res. 29-10355
General Arrangements to Borrow; see Borrowing by the Fund
General Resources Account; see Accounts
Gold:
Repurchase obligations, discharge by payment in SDRs or currencies of other members specified by Fund*5703-(78/39)106
5809-(78/88)108
Sale, amounts available to Trust Fund5069-(76/72)308
Sale for benefit of developing members, distribution of profits through Trust Fund5069-(76/72)303
5709-(78/41)TR314
5832-(78/95)TR315
6540-(80/98)TR318
Sale, transfer of profits to Trust Fund5069-(76/72)304
Subscribed to Fund, ownership170-33
Gross reserve position; see Reserve position, gross
HHoldings of the Fund:
Adjustment by Fund5590-(77/163)112
Attribution of reductions to enlargement of member’s reserve tranche position6774-(81/35)98
*6831-(81/65)108
Attribution of reductions to repurchase obligations#6831-(81/65)108
Balances held in administrative accounts not in excess of 0.1 per cent of member’s quota, exclusion from Fund’s holdings of member’s currency for certain purposes7060-(82/23)300
Computations and adjustment, rates5590-(77/163)112
Exclusion of holdings resulting from credit tranche purchases6830-(81/65)58, 299
Exclusion under buffer stock facility5591-(77/163)298
Exclusion under compensatory financing of export fluctuations2836-(69/87)298
Exclusion under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)68
Exclusion under enlarged access policy6783-(81/40)45
Exclusion under extended Fund facility6830-(81/65)58, 299
Exclusion under oil facility5371-(77/51)299
Exclusion under supplementary financing facility5508-(77/127)38
Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund
Repurchases; see Repurchases
IImport restrictions imposed for balance of payments reasons, GATT members1034-(60/27)243
Income, net, of the Fund, amount placed to reserve deemed as income for financial year ending April 30, 19837130-(82/80)111
Ineligibility; see Extended arrangements; Stand-by arrangements; Use of Fund’s resources
Interest:
Charge on loans from Trust Fund5069-(76/72)307
Payment of interest on transferred claim under oil facility5974-(78/190)230
Payment on Fund indebtedness to Bank for International Settlements*6863-(81/81)205
Payment on Fund indebtedness to central banks and other official institutions6864-(81/81)(208, 209
Payment on Fund indebtedness to Saudi Arabian Monetary Agency6843-(81/75)176, 187
Payment on Fund indebtedness to Swiss National Bank5288-(76/167)154, 155
5331-(77/15)161
5387-(77/61)158, 159
5488-(77/116)162
Payment on Fund indebtedness under General Arrangements to Borrow*1289-(62/1)121
7337-(83/37)135
Payment on Fund indebtedness under oil facility4242-(74/67)222, 223
4490-(74/140)227
4635-(75/47)225
4636-(75/47)227
4919-(75/208)228
Payment on Fund indebtedness under supplementary financing facility Subsidy Account6683-(80/185) G/TR322
Payment under supplementary financing facility5509-(77/127), Annex165, 167
6163-(79/96)171
Payments by members under Trust Fund loan agreements6358-(79/188)TE317
Interim Committee of the Board of Governors on the International Monetary System:
EstablishmentB/G Res. 29-8344
Review of functioning of international adjustment process5392-(77/63)12
Rules of procedure358
International Bank for Reconstruction and Development, prescription as holder of special drawing rights6718-(81/1)S275
International Development Association, prescription as holder of special drawing rights6718-(81/1)S275
International Fund for Agricultural Development, prescription as holder of special drawing rights6489-(80/77)S275
International monetary system, reformB/G Comp. Res343
International Natural Rubber, Sugar, and Tin Agreements; see Buffer stock financing facility
Interpretation of Articles of AgreementXXV
Investment:
Currencies held in oil facility Subsidy Account*4773-(75/136)330
Currencies held in supplementary financing facility Subsidy Account6683-(80/185) G/TR323, 326
6854-(81/78) SBS328
Currency balances held in Trust Fund5069-(76/72)310
5972-(78/189)313
5973-(78/189) TR314
Islamic Development Bank, prescription as holder of special drawing rights7086-(82/42)S275
JJoint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries:
EstablishmentB/G Res. 29-9348
Rules of procedure359
Secretariat function, changes in organization of work and structure360
MManaging Director:
Arrangements for consultations on payment of interest on loans under oil facility4490-(74/140)227
4636-(75/47)227
4919-(75/208)228
Arrangements for repayments of borrowing under oil facility5441-(77/84)228
Authority to establish Borrowed Resources Suspense Accounts, and to transfer and invest balances of borrowed currencies6844-(81/75)217
6845-(81/75)218
Authority to establish oil facility Subsidy Account*4773-(75/136)329
Authority to make calls under borrowing arrangements for oil facility4741-(75/120)226
4917-(75/208)226
Authority to make calls under borrowing arrangements in connection with supplementary financing facility6006-(79/3)170
Authorizations in connection with implementation of borrowing agreement with Saudi Arabian Monetary Agency6843-(81/75)173
Consultation by eligible member to request assistance from Trust Fund5069-(76/72)305
Consultation by member before making request under supplementary financing facility5508-(77/127)33
Consultation by member contemplating request under extended Fund facility*4377-(74/114)28
Consultation by member to request use of Fund resources under policy on enlarged access6783-(81/40)41
Consultation with members when notice of exchange policy change not received5712-(78/41)9
Consultations and proposals to Executive Board concerning sale of currencies at request of members with outstanding purchases6352-(79/183)92
Consultations with lenders on means of interest payment under borrowing agreements in connection with supplementary financing facility6163-(79/96)171, 172
Deposit of currencies received by supplementary financing facility Subsidy Account with Bank for International Settlements6854-(81/78) SBS328
Discussions with members judged sufficiently strong whose outstanding purchases are not subject to guidelines on early repurchase with view to reducing their indebtedness to the Fund6774-(81/35)97
Discussions with members on exchange policies5392-(77/63)14
6026-(79/13)15
Participation in meetings of Development CommitteeB/G Res. 29-9350
Participation in meetings of Interim CommitteeB/G Res. 29-8346
Placement of Trust Fund investments in SDR-denominated deposits5973-(78/189) TR314
Proposal for allocation of SDRs:
1st basic periodB/G Res. 24-12386
3d basic periodB/G Res. 34-3388
4th basic period400
Proposals for calls under General Arrangements to Borrow* 1289-(62/1)120
1712-(64/29)149
7337-(83/37)134, 142
Proposals for Trust Fund investments5973-(78/189) TR314
Recommendations to Executive Board regarding approval of use of Fund resources and standby arrangements6056-(79/38)22
Report to Board of Governors and to Executive Board on allocation of SDRs for fourth basic period398
Monetary stabilization operations, use of Fund’s resources71-218
B/G Res.IM-6337
Multiple currency practices:
Policy237-2247
649-(57/33)255
6790-(81/43)257
Prior Fund approval5712-(78/41)9
Spreads6790-(81/43)257
N“Net creditor position in the Fund”6008-(79/3)170
Nordic Investment Bank, prescription as holder of special drawing rights6488-(80/77)S275
OOil facility4241-(74/67)80
4393-(74/121)84
4529-(74/153)85
1975 facility*4634-(75/47)85
Subsidy Account*4773-(75/136)329
Annual review and payments for financial year:
19816842-(81/71)332
19827104-(82/63)332
Borrowing4242-(74/67)219
4490-(74/140)227
4635-(75/47)224
4636-(75/47)227
4741-(75/120)226
4916-(75/208)226
4917-(75/208)226
4918-(75/208)227
4919-(75/208)228
Charges4241-(74/67)83
*4634-(75/47)87
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase”5371-(77/51)299
Media of repayments of borrowing5441-(77/84)228
Repurchases; see Repurchases
Transferability of claims5974-(78/190)229
Meaning of “net creditor position in the Fund”6008-(79/3)170
Operational budgets:
Assessment of strength of member’s balance of payments and gross reserve position6273-(79/158) G/S88
Sales of SDRs and use of currencies6772-(81/35) G/S94
PPayments arrears3153-(70/95)243
Payments policies of members4134-(74/4)246
Payments restrictions (see also Exchange restrictions; Payments arrears):
For security reasons, Fund jurisdiction144-(52/51)235
Withdrawal or general abandonment117-1267
Petroleum; see Oil facility
“Position in the Fund” definition6274-(79/158)90
6772-(81/35)G/S95
Prior notice to Fund, imposition of payments restrictions for security reasons144-(52/51)235
Purchase transactions (see also Use of Fund’s resources):
Augmentation of rights to purchase under stand-by and extended arrangements, elimination5706-(78/39)57
Purchases under buffer stock financing facility*2772-(69/47)70, 71
3179-(70/102)72
5127-(76/9D73
5591-(77/163)298
5597-(77/171)76
7246-(82/147)78
7247-(82/147)74
Purchases under compensatory financing of export fluctuations2836-(69/87)298
6224-(79/135)62, 63
Purchases under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)66, 67, 68
Purchases under credit tranche, see Tranche policies
Purchases under extended arrangements5508-(77/127)34
6783-(81/40)43
6830-(81/65)58, 299
6838-(81/70)53
7048-(82/13)60
Purchases under oil facility4241-(74/67)80
4393-(74/121)84
*4634-(75/47)85
5371-(77/51)299
Purchases under policy on enlarged access6783-(81/40)42, 43, 45
Purchases under stand-by arrangements5508-(77/127)34
6783-(81/40)42
6838-(81/70)49
7048-(82/13)60
Purchases under supplementary financing facility5508-(77/127)34, 38
Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a proposal6838-(81/70)56
Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal*270-(53/95)47
6838-(81/70)51
Suspension, effect on General Arrangements to Borrow* 1289-(62/1)126
7337-(83/37)140
Suspension of transactions under extended arrangements6838-(81/70)55
Suspension of transactions under stand-by arrangements* 270-(53/95)47
6838-(81/70)51
QQuotas:
Adjustment, first interval of five years408-23
Calculation, review of methodB/G Res. 38-1376, 377
Change, effect on voting power of elected Executive Director180-5266
Reviews:
1st408-23
6th GeneralB/G Res. 29-10357
B/G Res. 31-2362
7th GeneralB/G Res. 34-2365
Sale of SDRs by Fund to members for use in quota payments6663-(80/160)S100
8th GeneralB/G Res. 38-1376
Special adjustment for members with very small quotasB/G Res. 38-1378
RRates for official communications of Fund534-3262
Rates of exchange; see Exchange rates; Multiple currency practices
Reconstitution; see Special drawing rights, Reconstitution
Remuneration on net creditor positions, balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota, exclusion from Fund’s holdings of member’s currency for calculation7060-(82/23)300
Repayment by Fund of borrowed currency*1289-(62/1)122
1712-(64/29)151
4242-(74/67)220, 222
5288-(76/167)153, 155
5387-(77/61)157, 159
5509-(77/127)163, 166, 169
5441-(77/84)228
6843-(81/75)177, 179
6864-(81/81)209
7337-(83/37)136
Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund
Repurchases:
Attribution of reductions in Fund’s holdings of currencies6774-(81/35)98
*6831-(81/65)108
Currency resulting from purchase under credit tranches*5703-(78/39)105
Currency resulting from purchase under extended arrangement6838-(81/70)56
Currency resulting from purchase under stand-by arrangement6838-(81/70)51
Early, guidelines5704-(78/39)101
6172-(79/101)103
6273-(79/158) G/S88
Guidelines for selection of currencies6274-(79/158)89
6774-(81/35)96
Obligations to pay gold, payment with SDRs or currencies of other members*5703-(78/39)106
5809-(78/88)108
Of Fund’s holdings102-(52/11)19
Procedures*5703-(78/39)105
Under buffer stock financing facility*5703-(78/39)105
6th International Tin Agreement7247-(82/147)74, 75
1977 International Sugar Agreement5597-(77/171)77
International Natural Rubber Agreement, 19797246-(82/147)78, 79
Under compensatory financing of export fluctuations*5703-(78/39)105
Representation of intention to repurchase amount of overcompensation6224-(79/135)63, 64, 65
Under compensatory financing of fluctuations in the cost of cereal imports*5703-(78/39)106
6860-(81/81)69
Under decision on enlarged access6783-(81/40)44
Under extended Fund facility*4377-(74/114)30
Under oil facility4241-(74/67)82
•4634-(75/47)86
Under supplementary financing facility5508-(77/127)34, 36
Reserve assets:
Guidelines for determining amount to be paid in connection with subscriptions6266-(79/156)4
Payment for subscriptions under 8th General Review of QuotasB/G Res. 38-1379
Reserve position, gross, assessment for purposes of designation plans, operational budgets, and early repurchases6273-(79/158)G/S88
Reserve tranche position:
Attribution of reductions in Fund’s holdings of currencies to enlarge6774-(81/35)98
*6831-(81/65)108
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for determination7060-(82/23)300
Reserve tranche purchases (see also Use of Fund’s resources):
Exclusion of purchases and holdings in credit tranches6830-(81/65)58, 299
Exclusion of purchases and holdings under buffer stock financing facility5591-(77/163)298
Exclusion of purchases and holdings under compensatory financing of export fluctuations2836-(69/87)298
Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports6860-(81/81)68
Exclusion of purchases and holdings under extended facility6830-(81/65)58, 299
Exclusion of purchases and holdings under oil facility5371-(77/51)299
Exclusion of purchases and holdings under policy on enlarged access6783-(81/40)45
Exclusion of purchases and holdings under supplementary financing facility5508-(77/127)38
Restrictions; see Exchange restrictions; Payments restrictions
Retention quotas201-(53/29)237
RuleG-1* 1289-(62/1)125
7337-(83/37)139
Rule 1-6(4), rate of charge and net income7130-(82/80)111
RuleO-2:
Determination of exchange rate*1289-(62/1)124
5288-(76/167)153
5387-(77/61)157
5590-(77/163)112
7041-(82/8)G/S294
7337-(83/37)139
Valuation of U.S. dollar in terms of special drawing rights6709-(80/189)S270
RuleP-7:
Declaration concerning use of special drawing rights in accordance with prescription on donations6437-(80/37)S288
Declaration concerning use of special drawing rights in accordance with prescription on forward operations6337-(79/178)S287
Declaration concerning use of special drawing rights in accordance with prescription on loans6001-(79/1)S281
Declaration concerning use of special drawing rights in accordance with prescription on pledges*6053-(79/34)S282
Declaration concerning use of special drawing rights in accordance with prescription on settlement of financial obligations*6000-(79/1)S279
Declaration concerning use of special drawing rights in accordance with prescription on swap operations6336-(79/178)S286
Declaration concerning use of special drawing rights in accordance with prescription on transfers as security for performance of financial operations*6054-(79/34)S284
Rule P-9, record of operations in special drawing rights*6000-(79/1)S279
6001-(79/1)S281
*6053-(79/34)S283
*6054-(79/34)S285
6336-(79/178)S287
6337-(79/178)S288
6437-(80/37)S288
Rule R-1 through R-6, rules for reconstitution, abrogation6832-(81/65)S293
SSaudi Arabian Monetary Agency, borrowing agreement with Fund6843-(81/75)173
Change in conversion arrangements7188-(82/114)203
Special Disbursement Account; see Accounts
Special drawing rights:
Allocation for first basic periodB/G Res. 24-12386
Allocation for third basic periodB/G Res. 34-3388
New participants5956-(78/180)S277
6368-(79/191)S277
Allocation for fourth basic period, Managing Director’s report to Board of Governors and to Executive Board398
Change in method of valuation, effect on claims under supplementary financing facility5509-(77/127), Annex167
Designation plans, assessment of strength of member’s balance of payments and gross reserve position6273-(79/158) G/S88
Designation, review of rules and method of calculating amounts6209-(79/124)S289
Holders prescribed by the Fund:
Andean Reserve Fund6486-(80/77)S274
Arab Monetary Fund6609-(80/126)S275
Asian Development Bank7229-(82/136)S275
Bank for International Settlements6484-(80/77)S274
B/G Res. 29-1339
Bank of Central African States7064-(82/26)S275
Central Bank of West African States6908-(81/101)S275
East Caribbean Currency Authority6487-(80/77)S275
International Bank for Reconstruction and Development6718-(81/1)S275
International Development Association6718-(81/1)S275
International Fund for Agricultural Development6489-(80/77) S275
Islamic Development Bank7086-(82/42)S275
Nordic Investment Bank6488-(80/77)S275
Swiss National Bank6485-(80/77)S275
Terms and conditions for accepting, holding, or using SDRs6467-(80/71)S271
Level of SDR holdings in General Resources Account, maintenance; see Accounts, General Resources Account
Loans from Trust Fund expressed in5069-(76/72)307
Method of collecting exchange rates for calculation of value of SDR for purpose of Rule O-2(a)6709-(80/189)S270
Payment of net charges and assessment in Special Drawing Rights Department; see Special Drawing Rights Department, payment
Payment of subscriptions6266-(79/156)7
Reconstitution, abrogation of rules6832-(81/65)S293
Sale by Fund to members for use in quota payments under 7th General Review6663-(80/160)S100
Sales by Fund, guidelines6772-(81/35) G/S94
SDR-denominated deposits with Bank for International Settlements5973-(78/189) TR314
Transfers to members in purchases7131-(82/80)S95
Transfers under Article V, Section 3(f)6275-(79/158) G/S91
Transfers under Article V, Section 6(b), guidelines for selection of currencies6274-(79/158)89
6774-(81/35)96
Use in donations6437-(80/37)S288
Use in donations and loans to supplementary financing facility Subsidy Account6683-(80/185) G/TR326
Use in forward operations6337-(79/178)S287
Use in loans6001-(79/1)S279
Use in payment of charges*5702-(78/39) G/S110
Use in payment of transferred claims under oil facility5974-(78/190)230
Use in payment of 25 per cent of quota increasesB/G Res. 31-2363
B/G Res. 34-2366, 370
B/G Res. 38-1378, 379, 382
Use in pledges*6053-(79/34)S281
Use in repayment of Fund’s debt to Swiss National Bank6485-(80/77)S276
Use in repurchases*5703-(78/39)107
5809-(78/88)108
Use in settlement of financial obligations*6000-(79/1)S278
Use in swap operations6336-(79/178)S285
Use in transfers as security for performance of financial obligations*6054-(79/34)S283
Valuation, change, application in borrowing under oil facility4242-(74/67)223
Valuation for use in borrowing arrangements*1289-(62/1)124
5288-(76/167)153
5387-(77/61)157
6843-(81/75)178
7337-(83/37)138
Valuation, interimB/G Res. 29-10356
Valuation method6631-(80/145) G/S268
Valuation of U.S. dollar pursuant to Rule O-2(a), method6709-(80/189)S270
Special Drawing Rights Department, payment of net charges and assessment7116-(82/68)S 295
Stabilization of prices of primary products, Fund facility; see Buffer stock financing facility
Stand-by arrangements:
Amendment to utilize supplementary financing7047-(82/13)58
7048-(82/13)60
Amounts to be made available under enlarged access policy decision, guidelines6783-(81/40)42
Augmentation of rights to make purchases, elimination5706-(78/39)57
Charges6838-(81/70)51
Conditionality, guidelines6056-(79/38)20
Exclusion of purchases for purposes of definition of “reserve tranche purchase”6830-(81/65)58
Extended Fund facility, relationship*4377-(74/114)30
Foreign borrowing, performance criteria6230-(79/140)23
Form under enlarged access policy6838-(81/70)48
7048-(82/13)60
Ineligibility*270-(53/95)46, 47
6838-(81/70)51
Payments arrears, performance criteria3153-(70/95)245
Period*270-(53/95)46
Policies and procedures*270-(53/95)46
Provision for enlarged access to Fund’s resources6783-(81/40)40
Provision for supplementary financing5508-(77/127)34
6693-(80/177)39
6725-(81/5)40
Renewal*270-(53/95)46
Repurchases; see Repurchases, Currency resulting from purchase under stand-by arrangement
Suspension of right to engage in purchase transactions*270-(53/95)46
6838-(81/70)51
Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize …, above
Subscriptions:
Gold and currency, ownership by Fund170-33
Payment of quota increasesB/G Res. 31-2363
B/G Res. 34-2366, 370
B/G Res. 38-1378, 379, 382
Reserve assets:
Guidelines for determining amounts to be paid6266-(79/156)4
Payment under 8th General Review of QuotasB/G Res. 38-1379
Subsidy Accounts; see Accounts, Subsidy Accounts
Sugar Agreement, International; see Buffer stock financing facility
Supplementary financing facility:
Authorization to make calls under borrowing arrangements6006-(79/3)170
Charges; see Charges
Establishment5508-(77/127)33
Extension of period6725-(81/5)40
No augmentation of rights to purchase5706-(78/39)57
Replenishment of Fund’s holdings of currencies5509-(77/127)162
Interest payments under borrowing agreements6163-(79/96)171
Meaning of “net creditor position in the Fund”6008-(79/3)170
Report on use6445-(80/43)39
Repurchases; see Repurchases
Review of decision on establishment6693-(80/177)39
6725-(81/5)40
Subsidy Account6704-(80/185) TR319
Effect on subsidy cost of substituting supplementary financing for enlarged access resources7047-(82/13)60
Instrument6683-(80/185) G/TR321
Investment of currencies6854-(81/78) SBS328
Subsidy payments, July 1, 1981-June 30, 19827179-(82/102) SBS329
Transferability of claims; see Transferability of claims
Utilization of supplementary financing facility for enlarged access resources7047-(82/13)58
7048-(82/13)60
Surveillance over exchange rate policies5392-(77/63)10
Review of procedures6026-(79/13)15
6532-(80/93)16
6815-(81/52)16
7088-(82/44)17
7374-(83/55)17
Swiss National Bank:
Borrowing agreements with Fund5288-(76/167)152
5387-(77/61)156
Transfer charges and interest, media of payment5306-(77/2)161
5331-(77/15)161
5488-(77/116)161
Use of special drawing rights to repay indebtedness6485-(80/77)S275
Participation in General Arrangements to Borrow7337-(83/37)143
Prescription as holder of special drawing rights6485-(80/77)S275
Transferability of claims under General Arrangements to Borrow6068-(79/47)146
Switzerland:
Association with General Arrangements to Borrow1712-(64/29)148
TTechnical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification649-(57/33)256
Tin Agreements, International; see Buffer stock financing facility
Trade, Voluntary Declaration4254-(74/75)259
B/G Res. 29-10355
Tranche policies:
Application in connection with compensatory financing facility6224-(79/135)63
Application in connection with decision on enlarged access6783-(81/40)41, 45
Application in connection with oil facility4241-(74/67)81
Application in connection with supplementary financing facility5508-(77/127)33, 38
Exclusion of credit tranche purchases for purpose of definition of “reserve tranche purchase”6830-(81/65)58, 299
Fund attitude to request for transactions within “first credit tranche” and beyond26
Transferability of claims:
General Arrangements to Borrow*1289-(62/1)124
6068-(79/47)146
7337-(83/37)139
Oil facility5974-(78/190)229
Meaning of “net creditor position in the Fund”6008-(79/3)170
Supplementary financing facility:
Meaning of “net creditor position in the Fund”6008-(79/3)170
Transitional provisions of Article XIV117-1267
1034-(60/27)242
Trust Fund:
Distribution of profits from sale of gold for benefit of developing countries5069-(76/72)303
5709-(78/41) TR314
5832-(78/95) TR315
6540-(80/98) TR318
Diversification of investments5972-(78/189)313
5973-(78/189) TR313
Eligible members, review of list5563-(77/150) TR312
Final payments of profits and loans for period July 1, 1976-June 30, 19785832-(78/95) TR315
Instrument5069-(76/72)302
Amendment5563-(77/150) TR312
5972-(78/189)313
6793-(81/45)320
Means of payment of interest6358-(79/188) TR317
Means of repayment by members on their indebtedness under loan agreements7142-(82/85) TR318
Repayment terms:
Final loan disbursement6793-(81/45)320
Review6704-(80/185) TR319
Second period:
Extension6466-(80/68) TR316
6676-(80/168) TR317
Extension of period for qualification6202-(79/121) TR316
Timing of loan disbursements6201-(79/121) TR315
Termination and transfer of resources to Special Disbursement Account6683-(80/185) G/TR322
6704-(80/185) TR318
UUnenforceability; see Exchange contracts
United Nations:
Agreement with International Monetary Fund403
Convention on the Privileges and Immunities of the Specialized Agencies411
Application to Fund431
List of members which have accepted with respect to Fund432
General Assembly Resolution entitled “Uniting for Peace,” due regard by Fund in conduct of its activitiesB/G Res. 6-8338
United States dollars:
Determination of value in terms of special drawing right pursuant to Rule O-2 (a)6709-(80/189)S270
Inclusion in operational budgets6772-(81/35) G/S95
Use for payment of interest and other Fund liabilities5288-(76/167)155, 156
5306-(77/2)161
5331-(77/15)161
5387-(77/61)160
5488-(77/116)161, 162
6358-(79/188) TR317
*6863-(81/81)206
Use for repayment by members on their indebtedness under Trust Fund loan agreements7142-(82/85) TR318
Use in payments under oil facility Subsidy Account6842-(81/71)332
7104-(82/63)333
Use in payments under supplementary financing facility Subsidy Account7179-(82/102) SBS329
Use of Fund’s resources (see also Borrowing by the Fund; Charges; Extended arrangements; Purchase transactions; Stand-by arrangements):
Application of same policy for stand-by arrangements as for requests for immediate drawings*270-(53/95)46
Authority to use resources of Fund, interpretation of Articles of Agreement71-218
RequestB/G Res. IM-6337
Buffer stock financing*2772-(69/47)70
Buffer stock financing facility as applied to 1977 International Sugar Agreement5597-(77/171)75
Buffer stock financing facility as applied to International Tin Agreements:
4th3179-(70/102)71
3351-(71/51)72
5th5127-(76/91)73
Capital transfers1238-(61/43)18
Compensatory financing of export fluctuations6224-(79/135)62, 63
Conditionality, guidelines6056-(79/38)20
“Consistent with the provisions of this Agreement” in Article V, Section 3, meaning287-318
Credit tranche policies; see Tranche policies
Enlarged access, policy on6783-(81/40)40
Extended Fund facility*4377-(74/114)27
“First credit tranche”26
In accordance with purposes of Fund102-(52/11)19
Ineligibility:
Effect on purchases under extended arrangement6838-(81/70)55
Effect on purchases under stand-by arrangement*270-(53/95)46, 47
6838-(81/70)51
Under Article V, Section 5284-399
Under Article XXVI, Section 2(a)(Artiticle XV, Section 2(a) before Second Amendment)343-(54/47)297
Interpretation of Articles of Agreementxxv
Limit to access to Fund resources, guideline42
Limitation under Article V, Section 5284-399
286-199
Monetary stabilization71-218
Oil facility; see Oil facility
Postponement, limitation under Article V, Section 5286-199
Reserve tranche purchases; see Reserve tranche purchases
Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a request6838-(81/70)56
Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal*270-(53/95)47
6838-(81/70)51
Stand-by and extended arrangements, forms under enlarged access policy6838-(81/70)48
Suspension of exchange transaction, effect on General Arrangements to Borrow*1289-(62/1)126
7337-(83/37)140
Suspension of transactions under extended arrangements6838-(81/70)55
Suspension of transactions under stand-by arrangements*270-(53/95)47
6838-(81/70)51
Temporary assistance in financing balance of payments deficits71-218
Tranche policies; see Tranche policies
Waiver of condition of Article V, Section 3 (b) (iii); see Waiver of condition
Waiver of 200 per cent of quota limit*2772-(69/47)71
6224-(79/135)63
6860-(81/81)70
VVoluntary Declaration on Trade and Other Current Account Measures4254-(74/75)259
B/G Res. 29-10355
Voting power, elected Executive Directors, effect of change in quota180-5266
WWaiver of condition of Article V, Section 3(b) (iii)4241-(74/67)81
*4377-(74/114)29
5508-(77/127)37
6783-(81/40)45
World Economic Outlook, framework for discussions of international adjustment process5392-(77/63)14

References are to the Articles of Agreement after the Second Amendment, which entered into force April 1, 1978. References to Articles in effect before the Second Amendment are indexed under their corresponding Articles after the Second Amendment.

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