Selected Decisions (9th Ed)
Chapter

Article XXX (c): Exclusion of Purchases and Holdings

Author(s):
International Monetary Fund
Published Date:
June 1981
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Exclusion of Purchases and Holdings Under Compensatory Financing of Export Fluctuations

  • I.* ……………………………………………………………………

  • II. Pursuant to Article XIX(j)** the Fund decides that purchases and holdings under policies on the use of the Fund’s resources for compensatory financing of export fluctuations shall be excluded for the purposes of the definition of gold tranche purchases in that provision.

  • III.* ……………………………………………………………………

  • IV.* ……………………………………………………………………

Decision No. 2836-(69/87)

September 15, 1969

Exclusion of Purchases and Holdings Under Buffer Stock Facility

With effect from the date of the Second Amendment of the Fund’s Articles, purchases after that date under the Buffer Stock Facility (Decision No. 2772-(69/47), June 25, 1969, as amended), and holdings resulting from all purchases under the Facility, shall be excluded pursuant to Article XXX(c) (ii) for the purpose of the definition of “reserve tranche purchase”.

Decision No. 5591-(77/163)

December 5, 1977

Exclusion of Purchases Under Oil Facility for Purpose of Definition of “Reserve Tranche Purchase”

With effect on the date of the Second Amendment of the Articles of Agreement, the Fund’s holdings of currencies acquired in purchases under Executive Board Decision No. 424l-(74/67), June 13, 1974 and Executive Board Decision No. 4634-(75/47), April 4, 1975, shall be excluded pursuant to Article XXX (c) (iii) for the purpose of the definition of “reserve tranche purchase”.

Decision No. 5371-(77/51)

April 8, 1977, effective April 1, 1977

Exclusion of Credit Tranches and Extended Facility

1. Purchases in the credit tranches or under extended arrangements (Decision No. 4377-(74/114), September 13, 1974, as amended), and holdings resulting from such purchases, shall be excluded pursuant to Article XXX (c) (iii) for the purpose of the definition of “reserve tranche purchase”.

2.* ……………………………………………………………………..

3.* ……………………………………………………………………..

4.* ……………………………………………………………………..

5. The Fund will review this decision before April 30, 1984.

Decision No. 6830-(81/65)

April 22, 1981, effective May 1, 1981

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