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Formal Consolidation |  1998 RevEd
Demonetisation of currency notes and coins
18.—(1)  The Board may declare, by notification in the Gazette, the withdrawal of any particular issue or denomination of notes and coins issued by the Board.
(2)  Any such notification shall give holders of the notes and coins to be withdrawn a reasonable period, in any event not less than 6 months, within which such notes or coins shall be exchanged at their face value for other legal tender issued by the Board.
Informal Consolidation | Amended Act 47 of 1998
Demonetisation of currency notes and coins
18.—(1)  The Board may, by notification in the Gazette, withdraw any particular issue or denomination of notes and coins issued by the Board which shall upon such withdrawal cease to be legal tender.
[47/98 wef 31/12/1998]
(2)  Any such notification shall give holders of the notes and coins to be withdrawn a reasonable period, in any event not less than 6 months, within which such notes or coins shall be exchanged at their face value for other legal tender issued by the Board.