122
United Nations—Treaty Series
1947
| (In millions of United States dollars) | |
| Iceland | 1 |
| India | 400 |
| Iran | 25 |
| Iraq | 8 |
| Liberia | .5 |
| Luxembourg | 10 |
| Mexico | 90 |
| Netherlands | 275 |
| New Zealand | 50 |
| Nicaragua | 2 |
| Norway | 50 |
| Panama | .5 |
| Paraguay | 2 |
| Peru | 25 |
| Philippine Commonwealth | 15 |
| Poland | 125 |
| Union of South Africa | 100 |
| Union of Soviet Socialist Republics | 1,200 |
| United Kingdom | 1,300 |
| United States | 2,750 |
| Uruguay | 15 |
| Venezuela | 15 |
| Yugoslavia | 60 |
Schedule B
Provisions with Respect to Repurchase by a Member of its Currency held by the Fund
1. In determining the extent to which repurchase of a member's currency from the Fund under Article V, Section 7 (b) shall be made with each type of monetary reserve, that is, with gold and with each convertible currency, the following rule, subject to 2 below, shall apply:
- (a) If the member's monetary reserves have not increased during the year, the amount payable to the Fund shall be distributed among all types of reserves in proportion to the member's holdings thereof at the end of the year.
- (b) If the member's monetary reserves have increased during the year, a part of the amount payable to the Fund equal to one-half of the increase shall be distributed among those types of reserves which have increased in proportion to the amount by which each of them has increased. The remainder of the
No. 20 (a)
