Chapter

Article XX, Section 4

Author(s):
International Monetary Fund. Legal Dept.
Published Date:
August 2017
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Assessments

Review of the Fund’s Income Position for FY 2014 and FY 2015-2016—Assessment Under Article XX, Section 4 for FY 2014

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, 2013 through April 30, 2014; 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, 2014 with an amount equal to 0.000672840 percent of their net cumulative allocations of special drawing rights. The total assessment shall be paid into the General Department. (EBS/14/43, 04/07/14)

Decision No. 15578-(14/37),

April 28, 2014

Review of the Fund’s Income Position for FY 2015 and FY 2016—Assessment Under Article XX, Section 4 for FY 2015

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, 2014 through April 30, 2015; 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, 2015 with an amount equal to 0.00170655 percent of their net cumulative allocations of special drawing rights. The total assessment shall be paid into the General Department. (EBS/15/32, 04/06/15)

Decision No. 15768-(15/41),

April 27, 2015

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