INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983 

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983 
- TABLE OF PROVISIONS

1. Short title [see Note 1]  
2. Commencement [see Note 1]  
3. Interpretation  
4. Approval of consent to increase in quota  
5. Issue of securities  
6. Appropriation  

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 1
Short title [see Note 1]

                   This Act
may be cited as the International Monetary Fund (Quota Increase) Act 1983.

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 2
Commencement [see Note 1]

                   This Act
shall come into operation on the day on which it receives the Royal Assent.

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 3
Interpretation

                   In this
Act, the Fund means the International Monetary Fund established
by the Articles of Agreement of the International Monetary Fund, a copy of
which is set out in Schedule 1 to the International Monetary Agreements Act
1947.

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 4
Approval of consent to increase in quota

                   The
giving of consent by 

Australia
 to the increase in its quota in the Fund to
1,619,200,000 special drawing rights is approved.

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 5
Issue of securities

                   Section
7 of the International Monetary Agreements Act 1947 applies to any
payment that is to be made by Australia by reason of the increase in its quota
in the Fund referred to in section 4 as it applies to any payment that
Australia is required to make to the Fund under that Act.

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- SECT 6
Appropriation

                   The
moneys necessary for making any payment that is to be made by Australia in
currency other than Australian currency by reason of the increase in its quota
in the Fund referred to in section 4 shall be paid out of the Consolidated
Revenue Fund, which is appropriated accordingly. 

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- NOTES

Act No. 89 of 1983

This Act was
prepared on 
19
 February 2003

Prepared by the
Office of Legislative Drafting,
Attorney-General's Department, 
Canberra

 
 

 
 

   

Contents
1............ Short title [see Note 1]
....................................................................... 
1
2............ Commencement [see Note 1]
.............................................................. 
1
3............ Interpretation
...................................................................................... 1
4............ Approval of consent to increase in quota
........................................... 
1
5............ Issue of securities
............................................................................... 
1
6............ Appropriation
.................................................................................... 1
Notes
                                                                                                                                              
3

An Act relating to the increase
in 
Australia's quota in the International Monetary Fund

INTERNATIONAL MONETARY FUND (QUOTA INCREASE) ACT 1983
- NOTES

Notes to
the 
International Monetary Fund (Quota
Increase) Act 1983

Note 1

Act No. 89, 1983; assented to and commenced 22 November  1983.