Bretton Woods Agreements (Amendment) Act 1999 · As enacted
2. Amendment of Section 10 of Chapter 424
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
Section 10 of the Bretton Woods Agreements Act is hereby amended by the repeal of the definition of “Fund
Agreement”, and the substitution, of the following definition therefor :–
“Fund Agreement” means the Articles of Agreement of the International Monetary Fund as originally adopted and as subsequently amended –
in order to establish a facility based on Special
Drawing Rights (the text of which amendment was laid before the House of Representatives on
November 23, 1968) ;
in order to establish a new International Monetary
System (which amendment was, incorporated in the text of the Articles of Agreement of the
Fund laid before the National State Assembly on
April 4, 1978) ;
in order to provide for the suspension of voting and related rights of a member country which does not fulfill it’s obligations under such articles (the text of which amendment was laid before Parliament on
October 11, 1991) ;
in order to provide for a special one time allocation of Special Drawing Rights to existing and new members (the text of which amendment was laid before Parliament on August 4, 1998).”