1 edition of Bretton Woods Agreements Act. found in the catalog.
Microfiche Note: Part 2 begins on microfiche No. 8 of 17.Record is based on bibliographic data in CIS US Congressional Committee Hearings Index. Reuse except for individual research requires license from Congressional Information Service, Inc.Indexed in CIS US Congressional Committee Hearings Index Part VMicrofiche. [Westport, Conn.] : Greenwood Press, 1973. 11 x 15 cm.
|The Physical Object|
|Pagination||xvi, 120 p. :|
|Number of Pages||51|
Considers (79) H.R. 2211. File Size: 4MB.
Under policies and procedures which it shall adopt, the Fund may agree to provide a participant making a purchase in Bretton Woods Agreements Act. with this Section with special drawing rights instead of the currencies of other members. The transition created more demand for dollars, even though its worth in gold remained the same. Authority to allocate special drawing rights : To meet the need, as and when it arises, for a supplement to existing reserve assets, the Fund is authorized to allocate special drawing rights to members that are participants in the Special Drawing Rights Department.
Section 6 Section 6 Reconstitution• 2 Notwithstanding anything contained in the Nepal laws in force, the status, immunities and privileges set forth in Bretton Woods Agreements Act. 9 of the Fund Agreement and immunities from all kinds of taxes shall be accorded on the special drawing rights or dealing and transactions thereof, as provided in Article Bretton Woods Agreements Act. b 20 of the Fund Agreement, and as set out in Schedule-12• But at the moment many of the countries who want to be our customers are prostrate.
Republic Strengthening and Some Nepal Laws Amendment Act, 2066 2010 2066. 1 There shall be paid out of the Consolidated Fund of Ceylon- a all sums payable to the International Monetary Fund under paragraph b of section 8 of Article IV of the Fund Agreement which relates to changes in the exchange value of currencies of members ; b all sums required for implementing the guarantee required by section 3 of Article XIII of the Fund Agreement, that is to say, a guarantee of the assets of the Fund against loss resulting from failure or default of the depository designated by the Government of Ceylon under the said Article ; c all sums required for the redemption of any notes or obligations created and issued to the General Resources Account of the Fund under this Act; d any compensation required to be paid to the Fund or to any member thereof under Schedule J of the Fund Agreement which relates to the withdrawal of members from the Fund or under Schedule K thereof which relates to the liquidation of the Fund ; 2 The Minister of Finance, if he thinks fit so to do, may, on behalf of the Government, create and issue to the International Monetary Fund, in such form as he thinks fit, any such non-interest bearing and non-negotiable notes or other obligations as the Fund may, under section 5 of Article III of the Fund Agreement, determine to accept in place of any Ceylon currency payable to the Fund under any provisions of the Fund Agreement mentioned in paragraph a or paragraph b or paragraph c of subsection 1 of this section.
On the points discussed in this section, see Kurt Schuler and Andrew Rosenberg, The Bretton Woods Transcripts, pp. The member shall be deemed to have participated in the election of the Executive Director entitled to cast the number of votes allotted to the member.
Approval of acceptance of proposed amendment. of September 19, 1997 and the allocations received by such participants under 1 above. Section 3 Section 3 Avoidance of discriminatory currency practices No member shall engage in, or permit any of its fiscal agencies referred to in Article V, Section 1 to engage in, any discriminatory currency arrangements or multiple currency practices, whether within or outside margins under Article IV or prescribed by or under Schedule C, except as authorized under this Agreement or approved by the Fund.
Efforts to revamp the international monetary system after World War II improved exchange rate stability, fostering record growth in global finance.