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Allocation and Cancellation of Special Drawing Rights
Allocation and Cancellation of Special Drawing Rights
Allocation and Cancellation of Special Drawing Rights
Allocation and Cancellation of Special Drawing Rights
Principles and considerations governing allocation and cancellation
Principles and considerations governing allocation and cancellation
Allocation and cancellation
Allocation and cancellation
Leasú ar alt 8 (general direction as to the cancellation of adhesive stamps) d’Acht 1891.
Amendment of section 8 (general direction as to the cancellation of adhesive stamps) of Act of 1891.
Special drawing rights acquired by the participant after the effective date of the cancellation shall be applied against its negative balance and cancelled.
Special drawing rights acquired by the participant after the effective date of the cancellation shall be applied against its negative balance and cancelled.
(ii) if no decision has been taken with respect to allocation or cancellation for a basic period, whenever he is satisfied that the provisions of (b) above have been met;
(ii) if no decision has been taken with respect to allocation or cancellation for a basic period, whenever he is satisfied that the provisions of (b) above have been met;
(a) 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 attainment of its purposes and will avoid economic stagnation and deflation as well as excess demand and inflation in the world.
(a) 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 attainment of its purposes and will avoid economic stagnation and deflation as well as excess demand and inflation in the world.
(f) If on the effective date of any cancellation the amount of special drawing rights held by a participant is less than its share of the special drawing rights that are to be cancelled, the participant shall eliminate its negative balance as promptly as its gross reserve position permits and shall remain in consultation with the Fund for this purpose.
(f) If on the effective date of any cancellation the amount of special drawing rights held by a participant is less than its share of the special drawing rights that are to be cancelled, the participant shall eliminate its negative balance as promptly as its gross reserve position permits and shall remain in consultation with the Fund for this purpose.
The Fund may change the rates or intervals of allocation or cancellation during the rest of a basic period or change the length of a basic period or start a new basic period, if at any time the Fund finds it desirable to do so because of unexpected major developments.
The Fund may change the rates or intervals of allocation or cancellation during the rest of a basic period or change the length of a basic period or start a new basic period, if at any time the Fund finds it desirable to do so because of unexpected major developments.
(iii) when, in accordance with Section 3 of this Article, he considers that it would be desirable to change the rate or intervals of allocation or cancellation or change the length of a basic period or start a new basic period; or (iv) within six months of a request by the Board of Governors or the Executive Board
(iii) when, in accordance with Section 3 of this Article, he considers that it would be desirable to change the rate or intervals of allocation or cancellation or change the length of a basic period or start a new basic period; or (iv) within six months of a request by the Board of Governors or the Executive Board;