Law On The Allocation Of Windfall Profits From The Sale Of Gold Distributed By The International Monetary Fund

Original Language Title: Loi relative à l'affectation des bénéfices exceptionnels de la vente d'or distribués par le Fonds monétaire international

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month. - Carrefour Bank of Legislation

9 MARCH 2014. - An Act respecting the allocation of outstanding benefits from the sale of gold distributed by the International Monetary Fund

PHILIPPE, King of the Belgians,
To all, present and to come, Hi.
The Chambers adopted and We sanction the following:
Article 1er. This Act regulates a matter referred to in Article 78 of the Constitution.
Art. 2. Belgium pays the "Subsidy Account" of the IMF's Poverty Reduction and Growth Trust an amount equal to 75% of the IMF's dividends to Belgium as part of its share in the gold sales profits decided by the IMF Board of Directors of 18 September 2009.
Promulgation of this law, let us order that it be clothed with the seal of the State and published by the Belgian Monitor.
Given in Brussels, 9 March 2014.
By the King:
Minister of Development Cooperation,
Minister of Finance,
Seal of the state seal:
The Minister of Justice,
House of Representatives
Documents: 53-3251
Full report: 30 January 2014
Senate (
Document: 53-2469
Project not referred to by the Senate: February 18, 2014.