Central Bank Act, 1942

Certain further powers of the Bank.

8.—It shall be lawful for the Bank to do all or any of the following things on such occasions and to such extent as the Board shall think proper, that is to say:—

(a) make provision for the collection and study of data relating to monetary and credit problems and publish informative material in regard thereto;

(b) establish and maintain, either directly or indirectly, contact with the monetary authorities established in other countries;

(c) do all such things as may be ancillary or incidental to or consequential on the exercise of any of the powers or the performance of any of the duties conferred or imposed on the Bank by this or any other section of this Act or from time to time conferred or imposed on the Bank by law.