Law

The International Monetary Fund (Increase in Subscription) Order 2024

United Kingdom · regulation

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In force since 2024-05-21, as the publisher states.

Copy read on 2026-11-10. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 3 provisions

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3 provisions

Title and introductory text

2024 No. 667 International Monetary Fund The International Monetary Fund (Increase in Subscription) Order 2024 Made 20th May 2024 Coming into force 21st May 2024 The Board of Governors of the International Monetary Fund has proposed an increase in the United Kingdom’s quota under section 3(a) of Article III of the Fund’s Articles of Agreement. A draft of this Order has been laid before the House of Commons in accordance with section 1(2) of the International Monetary Fund Act 1979 (“the Act”) and approved by resolution of that House. The Treasury make the following Order in exercise of the power conferred by section 1(1)(a) of the Act.

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1 Citation and commencement and extent

(1) This Order may be cited as the International Monetary Fund (Increase in Subscription) Order 2024 and comes into force on the day after the day on which it is made. (2) These Regulations extend to the United Kingdom.

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2 Increase in subscription

A further subscription of 10,077,600,000 special drawing rights to the International Monetary Fund by the Government of the United Kingdom is authorised.

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