Article VI. Capital Transfers

International Monetary Fund

Author: International Monetary Fund

Language:: English

Keywords:: AA; Fund; agreement; capital transaction; capital transfer; general resource; tranche purchase; purposes of the fund; Capital flows

Abstract

(a) A member may not use the Fund’s general resources to meet a large or sustained outflow of capital except as provided in Section 2 of this Article, and the Fund may request a member to exercise controls to prevent such use of the general resources of the Fund. If, after receiving such a request, a member fails to exercise appropriate controls, the Fund may declare the member ineligible to use the general resources of the Fund.

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Articles of Agreement

Author: International Monetary Fund

ISBN:: 9781475593549

Publication Date:: 14 Apr 2016

Publisher:: International Monetary Fund

DOI:: https://0-doi-org.library.svsu.edu/10.5089/9781475593549.013

Pages:: 134

Abstract
Section 1. Use of the Fund’s general resources for capital transfers
Section 2. Special provisions for capital transfers
Section 3. Controls of capital transfers

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