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5 Overeenkomst betreffende het Internationale Monetaire Fonds

Council

(a) The Council shall have powers corresponding to those of the Executive Board under the following provisions: Article XII, Section 2 (c), (f), (g), and (j); Article XVIII, Section 4 (a) and Section 4 (c) (iv); Article XXIII, Section 1; and Article XXVII, Section 1 (a).

(b) For decisions by the Council on matters pertaining exclusively to the Special Drawing Rights Department only Councillors appointed by a member that is a participant or a group of members at least one member of which is a participant shall be entitled to vote. Each of these Councillors shall be entitled to cast the number of votes allotted to the member which is a participant that appointed him or to the members that are participants in the group of members that appointed him, and may cast the votes allotted to a participant with which arrangements have been made pursuant to the last sentence of 3 (b) above.

(c) The Council may by regulation establish a procedure whereby the Executive Board may obtain a vote of the Councillors on a specific question without a meeting of the Council when in the judgment of the Executive Board an action must be taken by the Council which should not be postponed until the next meeting of the Council and which does not warrant the calling of a special meeting.

(d) Article IX, Section 8 shall apply to Councillors, their Alternates, and Associates, and to any other person entitled to attend a meeting of the Council.

(e) For the purposes of (b) and 3 (b) above, an agreement under Article XII, Section 3 (i) (ii) by a member, or by a member that is a participant, shall entitle a Councillor to vote and cast the number of votes allotted to the member.

(f) When an Executive Director is entitled to cast the number of votes allotted to a member pursuant to Article XII, Section 3(i)(v), the Councillor appointed by the group whose members elected such Executive Director shall be entitled to vote and cast the number of votes allotted to such member. The member shall be deemed to have participated in the appointment of the Councillor entitled to vote and cast the number of votes allotted to the member.

Regeling
Overeenkomst betreffende het Internationale Monetaire Fonds
Afkortingen
Bretton Woods, IMF-Verdrag
Soort
Verdrag
Geldend vanaf
03-03-2011
BWB-id
BWBV0005521
Versie
2011-03-03_0

In de hele regeling · Officiële tekst op wetten.overheid.nl