Schedule-3

Section 4 of Article 3 of the Articles of Agreement of the International Monetary Fund

Section- 4. Substitution of securities for currency : The Fund shall accept from any member in place of any part of the member’s currency in the general account of the Fund which in the judgment of the Fund is not needed for its operations, notes or similar obligations issued by the member or the depository designated by the member under Section 2 of Article 13, which shall be non-negotiable, non-interest-bearing and payable at their par value on demand by crediting the account of the Fund in the designated depository. This Section shall apply not only to currency subscribed by members but also to any currency otherwise due to, or acquired by, the Fund