Contents

1............ Short title [see Note 1]....................................................................... 1

2............ Commencement [see Note 1].............................................................. 1

3............ Consent to increase in quota............................................................... 1

4............ Appropriation.................................................................................... 1

5............ Issue of securities............................................................................... 2

Notes                                                                                                           3

 

                   WHEREAS the International Monetary Fund has proposed an adjustment of the quotas of members of the Fund and, in particular, has proposed that the quota of Australia be increased from Five hundred million United States dollars to Six hundred and sixty‑five million United States dollars:

                   BE it therefore enacted by the Queen's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:

Notes to the International Monetary Agreements Act 1970

Note 1

Act No. 25, 1970, assented to and commenced 17 June 1970.