Section 5

Malaysia shall communicate to the Fund a proposed par value for its currency, and within 60 days following the Fund’s receipt of the proposed par value,

Malaysia and the Fund shall agree on an initial par value for the currency;

provided that the Fund may extend the period of 60 days and that Malaysia shall be deemed to have withdrawn from the Fund if agreement on a par value has not been reached when the extended period expires. In the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, Malaysia shall not change its exchange rates prevailing at the time of accepting membership without agreement with the Fund after prior consultation.