Exclusion of Purchases in the Credit Tranches and Under Extended Fund Facility 6830-(81/65)

Prepared by the Legal Department of the IMF

Page number references in the text are to the Forty-Third issue hard copy volume.

ARTICLE XXX(c)

Calculation of Reserve Tranche: Exclusion of Purchases and Holdings

Exclusion of Purchases in the Credit Tranches and Under Extended Fund Facility

1. Purchases in the credit tranches or under extended arrangements (Decision No. 4377-(74/114), September 13, 1974, as amended), and holdings resulting from such purchases, shall be excluded pursuant to Article XXX(c)(iii) for the purpose of the definition of “reserve tranche purchase.”

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Decision No. 6830-(81/65),

April 22, 1981,

effective May 1, 1981

Selected Decisions and Selected Documents of the IMF, Forty-Third Issue