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International Monetary Fund. Legal Dept.

audit report unless the audit firm believes they are of such moment as to warrant inclusion. Except for findings that, in the view of the audit firm concurred in by the audit committee, are considered minor and thus only of interest to the Management of the Fund, all the views and suggestions of the audit firm shall be communicated to the Managing Director and the Executive Board at the same time. The Managing Director’s response to the views and suggestions of the audit firm that have been communicated to the Executive Board shall also be communicated to the

International Monetary Fund

that, in the view of the audit firm concurred in by the audit committee, are considered minor and thus only of interest to the Management of the Fund, all the views and suggestions of the audit firm shall be communicated to the Managing Director and the Executive Board at the same time. The Managing Director’s response to the views and suggestions of the audit firm that have been communicated to the Executive Board shall also be communicated to the Executive Board. The Managing Director shall determine what expenses are necessary and reasonable in connection

International Monetary Fund. Legal Dept.

and thus only of interest to the Management of the Fund, all the views and suggestions of the audit firm shall be communicated to the Managing Director and the Executive Board at the same time. The Managing Director’s response to the views and suggestions of the audit firm that have been communicated to the Executive Board shall also be communicated to the Executive Board. (g) The Managing Director shall determine what expenses are necessary and reasonable in connection with each annual audit, and the Fund shall bear such expenses. Adopted March 16, 1946

International Monetary Fund

Abstract

This paper discusses 56th issue of the By-Laws and Rules and Regulations of the IMF. It highlights that the principal office of the IMF shall be located within the metropolitan area of Washington, DC. The Executive Board may establish and maintain agencies or branch offices at any place in the territories of other members, whenever it is necessary to do so to facilitate the efficient conduct of the business of the IMF. The Board of Governors shall hold regular meetings, which shall be at annual intervals unless the Board of Governors decides otherwise.

International Monetary Fund

Abstract

A-1. These Rules and Regulations supplement the Articles of Agreement and the By-Laws adopted by the Board of Governors. They are not intended to replace any provision of either the Articles or the By-Laws. The Rules and Regulations provide such operating rules, procedures, regulations, and interpretation as are necessary and desirable to carry out the purposes and powers contained in the Articles, as supplemented by the By-Laws. If any provision in the Rules and Regulations is found to be in conflict with any provision in the Articles or in the By-Laws, the Articles and By-Laws shall prevail and an appropriate amendment shall be made to these Rules and Regulations.

International Monetary Fund. Legal Dept.

Abstract

Estos Estatutos se adoptan en uso de la facultad que confiere el Convenio Constitutivo del Fondo Monetario Internacional y al objeto de complementarlo, y conforme a estas bases deberán interpretarse. En caso de discrepancia entre cualquier disposición de estos Estatutos y algún precepto o requisito del Convenio Constitutivo, prevalecerá lo dispuesto en este último.

International Monetary Fund. Legal Dept.

Abstract

This volume sets out the IMF’s By-Laws, which are adopted under the authority of, and are intended to be complementary to, the IMF’s Articles of Agreement, which are considered to prevail in the event of any conflict. The By-Laws cover a number of topics, including the size and composition of the IMF’s Board of Governors and Executive Board, applications for IMF membership, IMF quotas, voting rights, staff regulations, and the IMF’s Special Drawing Rights.

International Monetary Fund. Legal Dept.

Abstract

This volume sets out the IMF’s By-Laws, which are adopted under the authority of, and are intended to be complementary to, the IMF’s Articles of Agreement, which are considered to prevail in the event of any conflict. The By-Laws cover a number of topics, including the size and composition of the IMF’s Board of Governors and Executive Board, applications for IMF membership, IMF quotas, voting rights, staff regulations, and the IMF’s Special Drawing Rights.

International Monetary Fund. Legal Dept.

Abstract

This volume sets out the IMF’s By-Laws, which are adopted under the authority of, and are intended to be complementary to, the IMF’s Articles of Agreement, which are considered to prevail in the event of any conflict. The By-Laws cover a number of topics, including the size and composition of the IMF’s Board of Governors and Executive Board, applications for IMF membership, IMF quotas, voting rights, staff regulations, and the IMF’s Special Drawing Rights.

International Monetary Fund. Legal Dept.

Abstract

This volume sets out the IMF’s By-Laws, which are adopted under the authority of, and are intended to be complementary to, the IMF’s Articles of Agreement, which are considered to prevail in the event of any conflict. The By-Laws cover a number of topics, including the size and composition of the IMF’s Board of Governors and Executive Board, applications for IMF membership, IMF quotas, voting rights, staff regulations, and the IMF’s Special Drawing Rights.