5. If a Member has reached an agreement with the Fund in accordance with Article 3, the Fund shall use the currencies of other Members allocated to that Member in accordance with point 2(d) to exchange the currency of that Member, which shall be granted to other Members which have concluded agreements with the Fund in accordance with point 3. Any amount so collected shall be cashed in the currency of the member over whom it has been distributed. 2. Where the commitment remaining after the set-off referred to in point (b) of Article XXIV(2) concerns the Fund and no agreement on the transaction is concluded within six months of the date of termination, the resigning participant shall fulfil that obligation in equal half-yearly instalments within three years of the date of termination or within a longer period set by the Fund. If, within the three-month period referred to in point 3, a Member has not reached an agreement with the Fund, the Fund shall use the currencies of other Members allocated to it in accordance with point 2(d) to exchange the currency of that Member which is allocated to other Members. Any currency which is granted to a Member which has not reached an agreement shall be used as far as possible to exchange its currency, which shall be granted to Members which have concluded agreements with the Fund in accordance with point 3. 2. If the assets of the Fund in the currency of the outgoing Member are not sufficient to pay the net amount due from the Fund, the balance shall be paid in a freely usable currency or by other agreed means. If the Fund and the outgoing member do not reach an agreement within six months of the date of withdrawal, the relevant currency of the Fund shall be paid to the outgoing member without delay. The balance due is payable in ten semi-annual instalments over the next five years. Each of these instalments shall be paid, at the choice of the Fund, either in the currency of the outgoing member acquired after withdrawal or in a freely usable currency.

4. If the fund`s holdings of the currency of an outgoing Member exceed the amount due to it and if no agreement is reached on the method of settlement within six months of the date of exit, the former Member shall be required to exchange that excess currency in a freely usable currency. Repayment shall be made at the rates at which the Fund would sell those currencies at the time of payment of the Fund. The outgoing member shall complete the repayment within five years of the date of exit or within a longer period fixed by the Fund, but shall not be required to repay, in the course of half a year, more than one tenth of the excess assets of the Fund in its currency at the time of exit, as well as other acquisitions of money during the same period. . . .