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Section 17

Preservation of quality and integrity of currency

of Currency Act 2020

ActIn forceProvision 17 of 71
Section 17

For the purpose of preserving the quality and integrity, or promoting the reissuance or recirculation of currency note or currency coin, the Bank may—

(a)

enter into a contract or other arrangement with a financial institution or a registered currency processor; or

(b)

take any measures or facilitate any actions as the Bank deems fit.