Bretton Woods Agreements (Amendment) Act, 1977

Amendment of section 3(2) of Principal Act.

6.—(1) (a) Section 3 (2) of the Principal Act (as amended by section 4 (1) of the Act of 1969) is hereby amended by the substitution for paragraph (d) of the following:

“(d) payments under Section 3, Section 7 or Section 8 of Article V, or under Section 2 of Article VII, of the Fund Agreement,”.

(b) This subsection shall be deemed to have come into operation on the day referred to in section 3 (1) of the Principal Act.

(2) (a) Paragraph (d) (inserted by subsection (1) of this section) of section 3 (2) of the Principal Act is hereby amended by the substitution of “Section 1” for “Section 2”.

(b) This subsection shall come into operation on the making of the proposed amendment.