By-Laws Rules and Regulations of the International Monetary Fund

Contents

I. By-Laws of the International Monetary Fund

1. Places of Business

2. General Department and Special Drawing Rights Department

3. Meetings of the Board of Governors

4. Notice of Meetings of the Board of Governors

5. Attendance at Meetings

6. Agenda of Meetings of the Board of Governors

7. Selection of Chairman and Vice-Chairmen

8. Secretary

9. Minutes

10. Report of Executive Board

11. Voting

12. Proxies

13. Voting Without Meeting

14. Terms of Service

15. Delegation of Authority

16. Rules and Regulations

17. Vacant Directorships

18. Additional Directors

19. Representation of Members at Meetings of Fund Organs

20. Budget and Audits

21. Applications for Membership

22. Compulsory Withdrawal

23. Settlement of Disagreements with Withdrawing Member

24. Amendment of By-Laws

II. Rules and Regulations of the International Monetary Fund

1. Scope of Rules and Regulations

2. Terms and Definitions

3. The Executive Board

   Meetings
   Agenda
   Voting
   Language
   Minutes

4. Application for Membership and Change in Quota

   Application for Membership
   Quotas

5. Substitution of Securities for Currency

6. Gold

7. Operations and Transactions

8. Exchange Controls, Currency Practices, Agreements, and
   Information

9. Charges in Respect of General Resources Account Transactions
   and Remuneration

10. Accounting and Reporting

    Accounts
    Annual Administrative Budget
    Annual Report
    Audit
    Financial Year

11. Limitation, Ineligibility, and Suspension of Voting Rights

12. Capital Transfers

13. Relations with Non-Members

14. Staff Regulations

15. Valuation of the SDR, Valuation of Currencies in Terms of the
    SDR, Freely Usable Currency, Procedures for Exchange of
    Currency, and Operational Budget

    Valuation of the SDR
    Valuation of Currencies in Terms of the SDR
    Freely Usable Currency
    Procedures for Exchange of Currency
    Operational Budget

16. Procedures for Operations and Transactions Involving SDRs

    Transactions with Designation
    Designation of Participants to Provide Currency
    Transactions by Agreement Between Participants
    Prescribed Operations
    Recording

17. Other Holders

18. {Abrogated effective April 30, 1981}

19. Suspension of Use of SDRs

20. Interest, Charges, and Assessments in Respect of SDRs