The following principles should be observed by members in reflecting their participation in the Fund in their accounts:
- 1. Gold and currency subscribed to the Fund are clearly within its unrestricted ownership. They do not belong in any way to the subscriber.
2. Although the accounting practices of a member are primarily its own concern, each member should prepare its accounts in such a way that misconceptions as to the ownership of the gold and currency subscribed to the Fund would be avoided. …
Decision No. 170-3, May 20, 1947