LawgistThe International Monetary Fund and Bank Act
3Reserve Bank to be depository for International Fund and Bank
The Reserve Bank of India (hereinafter referred to as the Reserve Bank) shall be the depository of the 1* * * Indian currency holdings of the International Fund and International Bank.
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1. The word "British" omitted by Act 48 of 1952, s. 3 and Sch. II.
All sections
- 1 Short title, extent and commencement
- 2 Payments to International Fund and Bank
- 3 Reserve Bank to be depository for International Fund and Bank
- 3A Reserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government
- 4 Power to call for information
- 5 Certain provisions of Agreements to have force of law
- 6 Repealed
- 7 Power to make rules
