Currency Bill
Table of Contents
Long Title
Enacting Formula
Part I PRELIMINARY
1 Short title and commencement
2 Interpretation
Part II ESTABLISHMENT, CONSTITUTION AND OBJECTIVES AND ADMINISTRATION
3 Establishment and purpose of Board
4 Incorporation, etc.
5 Employment of officers, etc.
6 Composition of the Board
7 Meetings of the Board
8 General disqualifications for Deputy Chairman and other members
9 Member’s interest in contract to be made known
10 Preservation of secrecy
Part III CURRENCY
11 Currency of Singapore
12 Par value
13 Use of Singapore Dollar
14 Board to have sole right to issue currency; legal tender
15 Bills and notes payable to bearer on demand
16 Conversion of currency notes and coins into sterling and vice versa
17 Conversion of currency notes and coins into gold and other foreign currencies and vice versa
18 Exchange rate
19 Form and design of currency notes and coins
20 Demonetisation of currency notes and coins
21 Imperfect notes or coins
22 Restriction on the use of photographs, drawing or design of notes in advertisements, etc
23 Currency Fund
24 External assets of Fund
25 Currency Fund Income Account
26 Meeting of deficiencies in the Fund
27 Board of Survey
Part IV MISCELLANEOUS
28 Board’s financial year
29 Audit
30 Annual accounts and report
31 Regulations
Part V TRANSITIONAL AND REPEAL
32 Preliminary acts and expenses
33 Continued issue of the Commissioners’ coins
34 Exchange of the Commissioners’ notes and coins
35 Repeal and saving
Explanatory Statement
Expenditure of Public Money