Schedule 10
Schedule-10
Section 2(b) of Article 8 of the Articles of Agreement of the International Monetary Fund
Section 2(b) of Article. Exchange contracts which involve the currency of any member and which are contrary to the exchange control regulations of that member maintained or imposed consistently with this Agreement shall be unenforceable in the territories of any member. In addition, members may, by mutual accord, co-operate in measures for the purpose of making the exchange control regulations of either member more effective, provided that such measures and regulations are consistent with this Agreement.