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| ARTICLE V, SECTION 5 |
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| Ineligibility to Use the Fund’s General Resources | ||||
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Use of Fund’s Resources: Limitation and Ineligibility Under Article V, Section 5 The Fund has, in the case of a member which has had a previous exchange transaction with the Fund, power to declare the member ineligible or limit its use of the resources of the Fund if the member is, in the opinion of the Fund, using the resources of the Fund in a manner contrary to the purposes of the Fund. Decision No. 284-3, March 10, 1948 |
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Prepared by the Legal Department of the IMF
Note
- Page number references in the text are to the Forty-Second issue hard copy volume.