Selected Decisions and Selected Documents of the IMF, Thirty- Third Issue -- Adjustment of Quotas

Prepared by the Legal Department of the IMF
As updated with decisions adopted during the first quarter of 2009 (posted July 2009)

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ARTICLE III
Quotas and Subscriptions

ADJUSTMENT OF QUOTAS

The first interval of five years, at the end of which the Fund shall review the quotas of the members in accordance with Article III, Section 2, began on the date when the Fund Agreement, in accordance with Article XX, Section 1,1 entered into force; i.e., on December 27, 1945.

Decision No. 408-2,

March 11, 1949

1 Ed. Note: Corresponds to Article XXXI, Section 1 of the Articles of Agreement after the Second Amendment.

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