Common use of Central Bank Clause in Contracts

Central Bank. An institution that is by law or government sanction the principal authority, other than the government of India itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of India, whether or not owned in whole or in part by India.

Central Bank. An institution that is by law or government sanction the principal authority, other than the government of India the jurisdiction itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of Indiathe jurisdiction, whether or not owned in whole or in part by Indiathe jurisdiction.