LawgistThe International Monetary Fund and Bank Act
3AReserve 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.]
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1. Ins. by Act 41 of 1969, s. 3 (w.e.f. 26-12-1981).
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- 6 Repealed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
