Co-ordination of credit policies.
Section 114
SEC. 114. Co-ordination of credit policies.—Government-owned corporations which perform banking or credit functions are hereby declared to be instruments of the national monetary policy and, accordingly, shall co-ordinate their general credit policies with those of the Monetary Board. Toward this end, the Monetary Board may, whenever it deems it expedient, make suggestions or recommendations to such corporations for the more effective co-ordination of their policies with those of the Central Bank.