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

The International Monetary Fund and Bank Act, 1945Central Act · Act 47 of 1945

[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.]

Where this provision sits

ActThe International Monetary Fund and Bank Act, 1945
Section3A
Marginal noteReserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

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

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