Currency Act 2020 · Updated to 28 Feb 2020 · Part II · Powers Relating to Currency
9. Denomination and form of currency
Feedback & supportCurrency note and currency coin issued by the Bank—
currency note
“currency note” means a note issued by the Bank including a commemorative note issued by the Bank for, or to commemorate, a particular event or purpose; Currency 9
shall be in such denomination of ringgit or sen; and
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shall be of such form, characteristics or design, or bear such feature or device, as approved by the Minister, on the recommendation of the
Bank.
The standard weight and composition of currency coin issued by the Bank and the amount of remedy and variation shall be as approved by the Minister, on the recommendation of the
currency coin
“currency coin” means a coin issued by the Bank including a commemorative coin issued by the Bank for, or to commemorate, a particular event or purpose;
Bank.
Bank
“Bank” has the same meaning assigned to it in subsection 2(1) of the Central Bank of Malaysia Act 2009;