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The International Monetary Fund (Increase in Subscription) Order 1998
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- 1998 No. 1854
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Statutory Instruments
1998 No. 1854
INTERNATIONAL MONETARY FUND
The International Monetary Fund (Increase in Subscription) Order 1998
Made
28th July 1998
Coming into force
29th July 1998
Whereas:
(1) A proposal has been made for an increase in the United Kingdom’s quota under section 3(a) of Article III of the Articles of Agreement of the International Monetary Fund;(1)
(2) In accordance with section 1(2) of the International Monetary Fund Act 1979(2) (“the 1979 Act”), a draft of this Order has been laid before the House of Commons and has been approved by a resolution of that House;
Now therefore, the Treasury, in exercise of the powers conferred on them by section 1(1)(a) of the 1979 Act and of all other powers enabling them in that behalf, hereby make the following Order:
(1)
The full text of the Articles of Agreement (including the first two sets of Amendments) is published as Treaty Series No. 83 (1978), Cmnd 7331. The text of the Third Amendment to the Articles is found in Cmnd 1343 of November 1990.
(2)
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