Article 100

The International Treasury shall be the principal financial organ of the United Nations. It shall function in accordance with the annexed Statute, which is based upon the Statute of the Permanent International Treasury and forms an integral part of the present Charter.

Article 101

All Members of the United Nations are ipso facto parties to the Statute of the Permanent International Treasury.

A state which is not a Member of the United Nations may become a party to the Statute of the Permanent International Treasury on conditions to be determined in each case by the General Assembly upon the recommendation of the Supreme Council.

All international laws and commercial agreements concerning areas as defined as being within the scope and authority of the International Treasury shall by default be subservient and the responsibility of the International Treasury.

It shall be the responsibility of individual members to ratify and amend such state laws as are necessary to reflect the statutes, authority and organs of the International Treasury.

Article 102

The purposes of the International Treasury are:

(1) To provide the necessary instruments and mechanisms to maintain a single universal monetary unit known as the credit. To enable all financial matters and transactions for all states to be able to be defined according to this single international currency unit.

(2) To promote international monetary cooperation through a permanent institution representing all states and all human beings which provides the machinery for consultation and collaboration on international monetary problems.

(3) To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all member states as primary objectives of economic policy.

(4) To promote, develop and support the introduction of common regional currencies for monetary exchange across the six major geographic regions of the world, including Europe (euro), the Americas, Africa, Asia, Arabian Peninsula and Oceania. To assist member states in adopting these common regional currencies as their standard means of exchange and payment of accounts.

(5) To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.

(6) To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade. To provide the transaction and clearing house mechanisms for international trade and financial arrangements between Member States.

(7) To provide treasury facilities on behalf of Member States for the deposit of their foreign cash reserves that are not otherwise committed to the budget needs of a member state.

(8) To provide a co-operative framework between the principle Treasury and Financial organs of each Member State such that optimum and stable policies may be in place for each state in regards to prices, wages, unemployment, growth, debt and investment.

(9) To promote the stability of prices, markets and private enterprise through systems enabling the reduction in the insurance and liability burden of member states through insurance underwriting and agreements on reinsurance, risk standards, claims payments and premiums.

(10) To protect and help rebuild communities and infrastructure assets through the promotion of international disaster planning standards and policies as well as such organs and agencies that are necessary to ensure immediate international disaster relief assistance and plans exist for every single community in every single member state of the United Nations.

(11) To give confidence to members by making the general resources of the International Treasury temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of government budget payments without resorting to measures destructive of national or international prosperity.

(12) In accordance with the above, to assist the United Nations in the achievement of its purposes and principle objectives.

Article 103

In order to fulfill its primary objectives, the International Treasury shall comprise of the following permanent organs and any such other organs deemed necessary by amendment to this Charter:

Global Reserve (the Reserve)

International Exchange (IX)

International Disaster Relief Fund (IDRF)

International Bank for Reconstruction and Development (IBRD)

International Insurance Fund (IIF)

International Government Budget Agency (IGBA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

Article 104

(1) Each Member State of the United Nations shall be provided a single set of standard accounts by the International Treasury which represents their own financially related accounts. These shall be called International Treasury Member Accounts.

(2) The standard International Treasury Member Accounts provided to each member shall comprise of the following accounts and any such other accounts deemed necessary by amendment to this Charter:

Credit Deposit Account
Credit Exchange Account
Credit Investment Account
Credit Debt Account
Credit Contribution Account
Credit Relief Account

(3) The Credit Deposit Account shall be the standard account by which all cash deposits by member states shall be uniquely identified. A Member State shall have only one Credit Deposit Account.

(4) The Credit Exchange Account shall be the standard account by which all cash exchange and payments by member states shall be uniquely identified. All Member States are expected to maintain sufficient balance in their Credit Exchange Account to cover all confirmed payments and short term financial obligations. A Member State shall have only one Credit Exchange Account.

(5) The Credit Investment Account shall be the standard account by which all long-term cash deposits and investments by member states shall be uniquely identified. A Member State shall have only one Credit Investment Account.

(6) The Credit Debt Account shall be the standard account by which all long-term cash loans by member states shall be uniquely identified. A Member State shall have only one Credit Debt Account.

(7) The Credit Contribution Account shall be the standard account by which all cash donations by member states to the United Nations shall be uniquely identified. A Member State shall have only one Credit Contribution Account.

(8) The Credit Relief Account shall be the standard account by which all cash relief and aid money for member states shall be uniquely identified. A Member State shall have only one Credit Relief Account.

Article 105

(1) By this Charter, each Member State and their related financial organs shall have ultimate authorization for the deposit and withdrawal of funds from any of their standard accounts.

(2) No power by this Charter shall be permitted to interfere with the right of a member state to their standard accounts except under a vote of emergency powers of the General Assembly or the Supreme Council as outlined in Article 103.

Article 106

(1) Under extreme circumstances, by this Charter and with a vote of either the General Assembly or the Supreme Council shall be granted temporary executive power over the standard accounts of a member state. In such circumstances that it is deemed the good governance and financial conduct of a state is under serious threat control shall be given to the Supreme Council to temporarily halt a members account authorization.

(2) Such emergency powers shall be limited by a clause restoring full control of accounts to a member state. No resolution or act shall permit the ongoing suspension of a Member States standard accounts for longer than sixty (60) days.