Organisation For Economic Co-Operation and Development (Financial Support Fund) (Agreement) Act, 1976
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Power of Central Bank to create and issue certain obligations for purposes under section 4. |
5.—(1) For the purpose of making a payment or providing an undertaking under section 4 of this Act, the Central Bank may create and issue, in such form as it thinks fit, such notes or other obligations as may be required for that purpose and may, in such manner as it thinks fit, enter into such commitments as may be required for that purpose. | |
(2) Any payments in respect of any notes or obligations created or issued under this section or in respect of any commitments entered into under this section shall be made by the Central Bank. |