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The International Monetary Fund and Bank Act, 1945

Central

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

Act number
47 of 1945
Ministry
Ministry of Finance
Department
Department of Economic Affairs
Enacted
24 Dec 1945
In force from
24 Dec 1945

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

8 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Payments to International Fund and Bank.
  3. Section 3Reserve Bank to be depository for International Fund and Bank.
  4. Section 3AReserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.
  5. Section 4Power to call for information.
  6. Section 5Certain provisions of Agreements to have force of law.
  7. Section 6Repealed.
  8. Section 7Power to make rules.