§ Mr. Dell
A member State wishing to draw on the 1975 oil facility has to demonstrate that it is in balance of payments difficulties because of the increased cost of oil imports. Assistance under the facility is then subject to a ceiling of 125 per cent. of the member's quota or 85 per cent. of the increase in oil import costs, whichever is the lower. Before drawing the member will be expected to describe its policies for achieving medium-term solutions to its balance of payments problems, for assessment by the fund, and any measures taken, or in prospect, to conserve energy. In addition the member has to undertake not to introduce or intensify trade restrictions.