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Section 40

Currency remains property of person from whom currency was detained if currency is genuine

of Currency Act 2020

ActIn forceProvision 40 of 70
Section 40
(1)

Any currency note or currency coin detained and surrendered to the police under section 39 shall remain as the property of the person from whom the currency note or currency coin is detained if the currency note or currency coin is discovered to be genuine.

(2)

No person shall be entitled to recover any compensation for any loss suffered by him due to the detention of currency note or currency coin under section 37.

Read in full context — Currency Act 2020 →