Artikel 16

1. The resources and facilities of the Fund shall be used exclusively to achieve its objectives and fulfil its functions.
2. The Fund shall establish, and maintain its resources in two separate Accounts: a Capital Account, with resources as provided for in article 17, paragraph 1, and an Operations Account, with resources as provided for in article 18, paragraph 1. Such separation of Accounts shall be reflected in the financial statements of the Fund.
3. With the exception of Shares of Capital, the Governing Council may decide to re-allocate resources of one Account to the other Account and may apply resources of either Account to cover losses, or discharge liabilities, arising out of the operations or other activities of the other Account.
4. In addition to any powers set forth elsewhere in this Agreement, the Fund may exercise the following powers in connection with its operations, subject to and consistent with general operating principles and the terms of this Agreement:
a) To invest funds at any time not needed for its operations or for the Collateral Reserve in such financial instruments as the Fund may determine;
b) To exercise such other powers necessary to further its objectives and functions and to implement the provisions of this Agreement.
5. The Fund shall operate according to the provisions of this Agreement and any rules and regulations which the Governing Council may adopt.
6. The Fund shall operate in a manner consistent with good practice for prudent financial management of public funds.