Section 3A

Reserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.

The International Monetary Fund and Bank Act, 1945

  • Act 47 of 1945
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to implement the International Monetary Fund and Bank Agreements.

All sections
    1[3A. Reserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.--The Reserve Bank may, on behalf of the Central Government, use, receive, acquire, hold, transfer or operate the special drawing rights of that Government in the International Fund and perform all acts supplemental or incidental thereto.]

Notes

1. Ins. by Act 41 of 1969, s. 3 (w.e.f. 26-12-1981).
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