§ 286e-13. — Approval of Fund pledge to sell gold to provide resources for Reserve Account of Enhanced Structural Adjustment Facility Trust.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC286e-13]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XV--INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION
AND DEVELOPMENT
Sec. 286e-13. Approval of fund pledge to sell gold to provide
resources for Reserve Account of Enhanced Structural Adjustment
Facility Trust
The Secretary of the Treasury is authorized to instruct the United
States Executive Director of the Fund to vote to approve the Fund's
pledge to sell, if needed, up to 3,000,000 ounces of the Fund's gold, to
restore the resources of the Reserve Account of the Enhanced Structural
Adjustment Facility Trust to a level that would be sufficient to meet
obligations of the Trust payable to lenders which have made loans to the
Loan Account of the Trust that have been used for the purpose of
financing programs to Fund members previously in arrears to the Fund.
(July 31, 1945, ch. 339, Sec. 58, as added Pub. L. 102-511, title X,
Sec. 1001, Oct. 24, 1992, 106 Stat. 3357.)
