As per Rule 39 of the Rules of Procedure of the Governing Council,

1. whenever the Executive Board decides to obtain a vote of the Governing Council on a specific question, except one covered by Rule 34.1 (c) and (d) or 34.2, without calling a session of the Council, the President shall transmit to each Member by any rapid means of communication a motion embodying the proposed decision with a request for a vote. Votes shall be cast during such period as the request may prescribe; at the expiration of the established period or any extended period that may be prescribed, the President shall record the results and notify all Members. The vote shall be valid if replies are received from Members having at least two-thirds of the total number of votes.

2. The majority requirements specified in Rule 34a shall apply to any decisions put to the vote in accordance with paragraph 1 above.

1. The following decisions of the Governing Council shall require at least two-thirds of the total number of votes:
   1. invitations to Members to make additional contributions to the resources of the Fund;
   2. adoption of regulations and by-laws to conduct the business of the Fund;
   3. appointment or termination of the appointment of the President;
   4. determination of the permanent seat of the Fund;
   5. approval of the administrative budget
   6. adoption of broad policies, criteria and regulations governing financing by the Fund;
   7. approval of agreements to be concluded with the United Nations in accordance with Article 63 of the United Nations Charter and of any amendments thereto.

2. The following decisions of the Governing Council shall require at least three-quarters of the total number of votes:

   1. suspension of a Member or the restoration of a suspended Member to good standing;
   2. termination of the Fund’s operations and distribution of its assets.

3. The adoption of amendments to the Agreement shall require at least four-fifths of the total number of votes in the Governing Council, except that in respect of the several parts of Schedule II to the Agreement amendments shall be adopted as provided in the respective paragraphs thereof.

4. All other decisions of the Governing Council shall require more than one-half of the total number of votes

Governing Council - Vote By Correspondence

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