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| Article XVII, Section 3 | ||||
| Special Drawing Rights: Other Holders | ||||
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Prescription of SDR Operations–Resilience and Sustainability Trust In accordance with Article XVII, Section 3, the Fund prescribes that: 1. A participant or prescribed holder, by agreement with a prescribed holder and at the instruction of the Fund, may transfer SDRs to that prescribed holder in effecting a payment due to the Fund, as Trustee, in connection with financial operations under the Resilience and Sustainability Trust. 2. A prescribed holder, by agreement with a participant or another prescribed holder and at the instruction of the Fund, may transfer SDRs to that participant or other prescribed holder in effecting a payment due from the Fund, as Trustee, in connection with financial operations under the Resilience and Sustainability Trust. 3. The Fund shall record operations pursuant to these prescriptions in accordance with Rule P-9. (EBS/22/70, 07/28/22) Decision No. 17317-(22/74), August 24, 2022 | ||||
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Prepared by the Legal Department of the IMF
Note
- Page number references in the text are to the Forty-Fourth issue hard copy volume.




