Bretton Woods Agreements (Amendment) Bill

The Bretton Woods Agreements (Amendment) Bill seeks to amend the Bretton Woods Agreements Act of 1966. It introduces a technical amendment to align the Monetary Authority of Singapore's (MAS) powers to deal with special drawing rights. The bill exempts agreements financing the operations of the International Monetary Fund (IMF) offices in Singapore from certain conditions regarding financial assistance. Additionally, it allows for exemptions of standard form agreements from early repayment requirements related to IMF arrangements that cannot be suspended or terminated. The amendment does not involve any additional expenditure of public money.

Bretton Woods Agreements (Amendment) Bill

Summary

Timeline

Bill introduced

First reading

Second reading

Select committee

Third reading

Voting

Bill passed

Bretton Woods Agreements (Amendment) Bill

Summary

Timeline

Bill introduced

First reading

Second reading

Select committee

Third reading

Voting

Bill passed