পাতা:বাংলাদেশের স্বাধীনতা যুদ্ধ দলিলপত্র (দ্বিতীয় খণ্ড).pdf/৮৩০

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803 বাংলাদেশের স্বাধীনতা যুদ্ধ দলিলপত্রঃ দ্বিতীয় খন্ড Reserve Banks are established for the States of the Punjab, Sind, Pakhtunistan and Baluchistan (whether there is to be one or more Reserve Bank in the western region is to be determined in consultation with the representatives of the States concerned). (2) The Regional Reserve Bank for Bangladesh shall be incorporated under and regulated by the law of the State of Bangladesh and the other Region Reserve Bank or Banks shall be incorporated and regulated by the law (of such legislative organ as shall be determined in consultation with the representatives of the States concerned), and shall, subject to the powers vested in the Federal Reserve Board under clause 3 hereunder, exercise all the powers, functions and duties in respect of the area within its jurisdiction as are now exercised by the State Bank of Pakistan in respect of the whole of Pakistan, including in particular the following powers and functions: (a) Acting as Bankers' Bank and Banker to the State Government; (b) Custody of the foreign exchange earnings and reserves and gold reserves of the State; (c) Formulation and implementation of monetary policy; (d) Implementation of measures to prevent flight of capital from one State to another. (3) The Federal Reserve Board shall have the powers enumerated hereunder and such other powers as the Reserve Banks may be agreement confer upon the Board: (a) To recommend the external exchange rate of the rupee to the Federal Government; (b) To issue currency notes and mint coins at the request of the Reserve Bank against assets as provided by the Reserve Bank concerned for circulation in the area within the jurisdiction of that Reserve Bank; (b) To maintain and regulate mints and security presses; (c) To perform in relation to international financial institutions such functions as were upon the commencement day being performed by the State Bank of Pakistan, which functions shall be performed in accordance with the directions of the Reserve Banks, in respect of matters affecting such Reserve Banks and the area falling within jurisdiction; (4) The constitution, powers, functions and duties of the Federal Reserve Board, subject to the provisions of this, Constitution, shall be determined by an Act of Parliament, and until such time as an Act of Parliament is enacted by the Federal Government by Order. Inter State Trade 108. (1) Subject to clause (2) of this Article an Assembly of a State shall not have power to make any law prohibiting or restricting: