Wilson, Smithett and Cope Ltd v. Terruzzi

Abstract

International law in general — Relation to municipal law — Treaties — International Monetary Fund — Articles of Agreement, 1945 — Order in Council incorporating Agreement into English law — Interpretation of “exchange contracts” — Principles of interpretation — The law of England

lnternational organization and administration — Specialized agencies of the United Nations — International Monetary Fund — Articles of Agreement, 1945 — Article VIII (2) (b) — Regulation of currency and international exchange — Interpretation of “exchange contracts” Objects and purposes of Agreement — The law of England

Treaties — Interpretation of — Principles and rules of interpretation — Plain and natural meaning of words — Objects and purposes of treaty — Interpretation in the light of treaty as a whole — International Monetary Fund — Articles of Agreement, 1945 — Article VIII (2) (b) — Order in Council incorporating Agreement into English law — Meaning of “exchange contracts” — Textual meaning — Whether extending to ordinary commodity transactions — The law of England