7. When the member who withdraws is liable to the Fund as a result of transactions made through the Special Payment Account under Article V, point 12 f) (ii), the debt is reduced in accordance with the terms of the debt. The Fund may hold special drawing rights to the general resource account and accept them in accordance with the terms of section 3 of this article and use them in transactions and transactions made on the general resource account with participants in accordance with the provisions of this agreement or with the required holders. 1. If the remaining commitment to be pending after the imposition pursuant to Article XXIV, point b), is notified to the terminating participant and if the agreement on liquidation between the Fund and the terminating member is not reached within six months of the termination date, the Fund terminates this balance of special drawing rights in equal semi-annual tranches within a maximum of five years from the closing date. The Fund maintains this balance, as it determines: (a) by paying the terminated member the sums made available by other fund participants in accordance with Article XXIV, Section 5, or (b) by allowing the terminating subscriber to use his special drawing rights to obtain his own currency or currency freely usable from a participant designated by the Fund. , the general resource account or another owner. The money the Fund receives from a resilient participant is used by the Fund to exchange special drawing rights held by participants in proportion to the amount of each participant`s participation in special drawing rights at the time the Fund receives the coin for its cumulative net allocation. Special drawing rights thus collected and special drawing rights received by a participant terminate, in accordance with the provisions of this agreement, in order to satisfy any waterproofing agreement or scheduleD rates due and charged at this rate are void. When a member withdraws from the Fund, the Fund`s normal operations and operations are interrupted in its currency and the settlement of all accounts between the Fund and the Fund is carried out by appropriate agreement between the Fund and the Fund. In the absence of agreement, the provisions of Schedule J apply to the count. All special drawing rights transactions and transactions are carried out through the Special Drawing Rights Department. All other transactions and transactions on behalf of the Fund that have been approved by or under this Agreement are conducted through the Department.
The transactions and transactions covered by Section 2 of Article XVII are carried out through the Department and the Preferential Subscription Rights Division. Interest, fees and expenses are paid in special drawing fees. A participant who needs special drawing rights to pay a royalty or valuation is required to obtain it for a currency acceptable to the Fund in a transaction with the Fund made through the General Resource Account. If it is not possible to obtain sufficient special drawing rights, the subscriber is required and entitled to obtain them from a participant using a freely usable currency, as set by the Fund. Special drawing rights acquired by a participant after the date of payment are charged and cancelled on their unpaid fees. 4. Where the Fund`s holdings in the currency of an outgoing member are greater than the amount owed to it and no agreement is reached on the accounting method within six months of the date of withdrawal, the former member is required to repay the excess currency in a freely usable currency. The repayment is made at the rates at which the Fund would sell these currencies at the time of the Fund`s exit. The outgoing member is required to complete the withdrawal within five years of the date of revocation or a longer period set by the Fund, but is not required to repay more than one-tenth of the Fund`s excess assets on its currency at the time of exit, plus other purchases of the currency during that semester , over a period of one semester.