Currency Act 2020 · Updated to 28 Feb 2020 · Part II · Powers Relating to Currency
16. Refund of lost, stolen or imperfect currency
Feedback & supportNo person shall be entitled to recover from the Bank the value—
person
“person” means any natural person, corporation, statutory body, local authority, society, trade union, co-operative society, partnership or any other body, organisation, association or group of persons, whether corporate or unincorporated and includes the Government and any State Government;
of any currency note and currency coin which is lost, stolen or imperfect;
of any currency note which is defaced; or
of any currency coin which has been tampered with.
Notwithstanding subsection (1), the Bank may, at its discretion, refund the value—
Bank
“Bank” has the same meaning assigned to it in subsection 2(1) of the Central Bank of Malaysia Act 2009;
of any currency note and currency coin which is imperfect;
of any currency note which is defaced; or
of any currency coin which has been tampered with.