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Code · BILL · 118th Congress · H.R. 5994 (Introduced in House) — To provide for full enforcement of oil sanctions against Iran, and for other purposes. · Sec. 6

Sec. 6. Blocking Iran’s access to Special Drawing Rights

102 words·~1 min read·/bill/118/hr/5994/ih/section-6

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Section 1621 of the International Financial Institutions Act ( 22 U.S.C. 262p–4q ) shall be understood to cover International Monetary Fund Special Drawing Rights that are available or may be made available to Iran. The Secretary of the Treasury shall instruct the Executive Director of International Monetary Fund to use the voice and vote of the United States to prevent Iran from gaining access to International Monetary Fund Special Drawing Rights. The Secretary of the Treasury, in coordination with the Secretary of State shall seek to prevent Iran from trading, exchanging, or otherwise making use of International Monetary Fund Special Drawing Rights.
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  • 22 USC 262p–4q
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Sec. 6
Blocking Iran’s access to Special Drawing Rights
Cite22 USC 262p–4q
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