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International Monetary Agreements Act 1947

No. 5, 1947

Compilation No. 25

Compilation date: 10 July 2024

                Includes amendments: Act No. 67, 2024

Registered: 20 July 2024

About this compilation

This compilation

This is a compilation of the International Monetary Agreements Act 1947 that shows the text of the law as amended and in force on 10 July 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
1 Short title
2 Commencement
3 Interpretation
4 Membership of Australia of the Fund and of the Bank
4A Participation in Special Drawing Rights Department of Fund
5 Reserve Bank to be depository
5A Transfers to and from Reserve Bank of special drawing rights
5E Exemption of special drawing rights from taxation
6 Authority to borrow
7 Issue of securities
8 Payments under the Fund Agreement
8A Appropriation for purposes of Special Drawing Rights Department
8B Appropriation for the purposes of the New Arrangements to Borrow
8C Financial assistance by Australia in support of Fund programs
8CAB Further agreements to provide loans to the Fund
8CA Financial assistance by Australia in support of World Bank or Asian Development Bank programs
8D Public release and tabling of national interest statement
8E Contents of national interest statement
8F Inquiry and report by Joint Standing Committee on Foreign Affairs, Defence and Trade
9 Further agreements to buy extra shares in the Bank
10 Annual report