Act Number: 47

Act Name: The International Monetary Fund and Bank Act, 1945

Year: 1945

Enactment Date: 1945-12-24

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

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 3A: Reserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.
    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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