Section 13
Power to call in currency
ActIn forceProvision 13 of 70
Section 13
(1)
The Bank may call in any currency note or currency coin upon giving not less than one month’s notice published in the Gazette of its intention to do so.
(2)
Upon the expiration of the notice, the currency note or currency coin to which the notice applies shall cease to be legal tender.
(3)
Notwithstanding subsection (2), the Bank shall be liable for the face value of any currency note or currency coin upon presentation at the office of the Bank or at any agency as the
Bank may establish or appoint for such purpose.