Bretton Woods Agreements (Amendment) (No.2) Bill 2011

Public bill · Government · Presented

Ireland would approve its acceptance of an IMF amendment replacing the system of appointed and elected Executive Directors with a board of 20 Directors, all elected by IMF member countries. Elections would continue every two years, and the IMF’s Board of Governors could change the board’s size with an 85% majority; related provisions would manage the transition to the new system.

Formal long title

Bill entitled an Act to make provision in respect of the acceptance by the Government of the amendment of the Articles of Agreement of the International Monetary Fund approved by the Board of Governors of that Fund on 15 December 2010 and to provide for related matters

Last updated 12 April 2018