 | United States. Congress. House. Foreign Affairs - 1964 - 404 pages
...basis of their par values. SEC. 2. Gold purchases based on par values. — The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at... | |
 | United States. Congress. House. Banking and Currency Committee - 1968 - 332 pages
...section II of the articles of agreement of the International Monetary Fund, the Fund is authorized to fix the margin above and below par value for transactions in gold by members. This could be done by a simple majority and the United States does not have a veto. The International... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1968 - 284 pages
...of the Articles of Agreement of the International -)) Monetary Fund, the Fund is authorized to fix the margin above and below .? par value for transactions in gold by members. This could be done by a simple majority and the United States does not have a veto. The International... | |
 | United States. Congress. Economic Joint Committee - 1971 - 474 pages
...legally be purchased or sold by IMF members.1 1 Article IV(z) provides that "The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at... | |
 | United States - United States - 1962 - 580 pages
...basis of their par values. SEC. 2. Gold purchases based on par values. — The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at... | |
| |
The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at a price below par value minus the prescribed margin. 
