Bretton Woods Agreements (Amendment) Act 2011

Construction of references to Fund Agreement and consequential repeal.

3.— (1) In the Bretton Woods Agreements Acts 1957 to 2011, references to the Fund Agreement shall (subject to subsection (2)) be construed as references to the Articles of Agreement of the International Monetary Fund as amended and in force on 10 August 2009, set out (in the English language) for convenience of reference in Schedule 3.

(2) On and after the entry into force of either or both of the amendments referred to in section 2 (or an amendment or amendments to substantially the same effect), references to the Fund Agreement shall be construed as references to those Articles as so amended.

(3) Section 8 of the Bretton Woods Agreements (Amendment) Act 1999 is repealed.