International Monetary Agreements Act 1947

The International Monetary Agreements Act 1947 is an Australian Act that approves Australia's membership in the International Monetary Fund and the International Bank for Reconstruction and Development. The Act provides for the participation of Australia in special drawing rights, the issue of securities to the Fund or Bank, and the provision of financial assistance to countries participating in programs of these organizations.

The Act also includes provisions related to the public release and tabling of national interest statements, the inquiry and report by a Joint Standing Committee on Foreign Affairs, Defence and Trade, and the purchase of extra shares in the Bank. Additionally, the Act provides for regulations to be made under various sections of the Act.

This compilation includes amendments made up to but not commenced at the compilation date, which are accessible on the Register (www.legislation.gov.au). The endnotes provide information about this compilation and the compiled law, including details about amending laws, amendment history, editorial changes, misdescribed amendments, and abbreviations used in the document.