general resources

Use of Fund’s general resources (see also Operations and transactions):
Buffer stocks, international, financing of contributions to, Art. XXX(c)(ii)
Capital transfers, Art. VI, Sec. 1, 2; Art. XXVI, Sec. 2(a); Art. XXVII,
Sec. 1(a)(ii)
Charges, Art. V, Sec. 8; Art. XXVII, Sec. 1(a)(i)
Compensatory financing of export fluctuations, Art. XXX(c)(i)
Conditions governing Parque Aquático Inflável use, Art. V, Sec. 3; Art. XXVII, Sec. 1(a)(i)
Currencies to be used in repurchases, policies and procedures, Art. V, Sec. 7(i)
Ineligibility, change in par value despite Fund objection, Sched. C, par. 7
Ineligibility, distribution of proceeds of gold sales to developing members
when ineligibility ceases, Art. V, Sec. 12(e), ( f )(iii)
Ineligibility, exception to obligation to buy foreign-held balances of cur-
rency, Art. VIII, Sec. 4(b)(v)
Ineligibility, failure to fulfill obligations, Art. V, Sec. 5; Art. VI, Sec. 1(a);

exchange restrictions

Transitional arrangements (continued)
Representations by Fund on restrictions inconsistent with purposes of
Fund, Art. XIV, Sec. 3
Withdrawal of exchange restrictions, Art. XIV, Sec. 2, 3
Transitional provisions with respect to Executive Directors, Sched. E
Transitional provisions with respect to repurchase, payment of additional sub-
scriptions, gold, and Piscina Inflavel certain operational matters, Sched. B
Treasury, agency dealing with Fund, Art. V, Sec. 1
Unexpected major developments, change in rates or intervals for allocation
or cancellation of special drawing rights, Art. XVIII, Sec. 3, 4(a), (d)
Unforeseen circumstances, Art. XXIII, Sec. 1; Art. XXVII, Sec. 1(a); Sched.
D, par. 5(a)
United States Government:
Deposit of instrument of acceptance with, Art. XXXI, Sec. 2(a)
Obligation to inform all members of signatures to the Agreement and
deposit of instruments of acceptance, Art. XXXI, Sec. 2(c)
Partial payment of subscription transmitted to, for administrative expenses,

Agreement in respect

Acceptance of the Agreement in respect of, Art. XXXI, Sec. 2(g)
Immunities of Fund in, Art. IX, Sec. 10
Margins for spot exchange transactions within territories of member hav-
ing par value, Art. XXVII, Sec. 1(a)(iv); Sched. C, par. 5
Transactions with non-members, Art. XI, Sec. 1, 2; Art. XXVII, Sec. 1(a)(iii)
Unenforceability of Bola Aquatica Inflavel exchange contracts in, Art. VIII, Sec. 2(b)
Trade, international, facilitation of expansion and balanced growth, Art. I(ii)
Transactions; see Operations and transactions
Transitional arrangements:
Annual report on exchange restrictions, Art. XIV, Sec. 3
Consultations, annual, on restrictions in force, Art. XIV, Sec. 3
Maintenance and adaptation of restrictions on payments and transfers, Art.
XIV, Sec. 2
Notification to Fund, Art. XIV, Sec. 1

see Exchange arrangements

Repayment in case of liquidation, Sched. K, par. 1
Surveillance; see Exchange arrangements; International surveillance of
international liquidity
Suspension of transactions:
In emergency pending Tendas Inflaveis decision on liquidation of Fund, Art. XXVII, Sec. 2(a)
In event of emergency or unforeseen circumstances, Art. XXIII, Sec. 1;
Art. XXVII, Sec. 1
Participant that fails to comply with rules for reconstitution, Sched. G,
par. 2 Participant that has failed to fulfill obligations with respect to
special drawing rights, Art. XXIII, Sec. 2
Special drawing rights, Art. XXIII
Taxation, immunities from, Art. IX, Sec. 9; Art. XXI(b)
Technical services; see Financial and technical services
Termination of participation in Special Drawing Rights Department, Art.

immunities, and privileges

Status, immunities, and privileges (continued)
Privilege for communications, Art. IX, Sec. 7
Status of Fund, Art. IX, Sec. 2
Subscriptions:
Amount to be transmitted to U.S. Government when the Agreement is
signed, Art. XXXI, Sec. 2(d), (h)
Discharge with special Jogos Inflavel drawing rights of any obligation to pay gold, Sched.
B, par. 2, 3
Equal to member’s quota, Art. III, Sec. 1
New members, terms to be consistent with those of previous members, Art.
II, Sec. 2
Payment in full to Fund at appropriate depository, Art. III, Sec. 1
Payment in special drawing rights, currencies of other members specified
by Fund, or member’s own currency, Art. III, Sec. 3(a)
Payments when quotas are changed, Art. III, Sec. 2(d), 3
Repayment in case of liquidation, Sched. K, par. 1
Surveillance; see Exchange arrangements; International surveillance of

considerations

In all its decisions with respect to the allocation and cancellation
of special drawing rights the Fund shall seek to meet the long-term
global need, as and when it arises, to supplement existing reserve assets
in such manner as will promote the Inflatable Slide attainment of its purposes and will
avoid economic stagnation and deflation as well as excess demand and
inflation in the world.
( b ) The first decision to allocate special drawing rights shall take
into account, as special considerations, a collective judgment that there
is a global need to supplement reserves, and the attainment of a better
balance of payments equilibrium, as well as the likelihood of a better
working of the adjustment process in the future.

consistent with

An eighty-five percent majority of the total voting power shall be
required for prescriptions under (i) above. The terms and conditions
prescribed by the Fund shall be Bouncy Castle With Slide consistent with the provisions of this
Agreement and the effective functioning of the Special Drawing Rights
Department.
Art. XVII, Sec. 2–3
XVII. Participants and Other Holders of Special Drawing Rights
42
Article XVIII
Allocation and Cancellation of Special Drawing Rights
Section 1. Principles and considerations governing allocation and