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Union of India - Section

Section 3A in The International Monetary Fund and Bank Act, 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 Fundand perform all acts supplemental or incidental thereto. [Ins. by Act 41 of 1969, s. 3 (w.e.f. 26-12-1981)]