Section 21: Issue of Bills
consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
21. Issue of Bills
(1) Every Bill shall—
(a) be issued by the Bank in such form and subject to such conditions as may be approved by the Minister;
(b) be in such multiples and currencies as may be determined by the
Bank and approved by the Minister;
(c) be payable at par at the Bank; and
(d) specify the date of its maturity.
(2) A Bill may be redeemed before the date of its maturity, on such terms
and conditions as may be agreed.
[S. 21 amended by Act 15 of 1988; Act 25 of 2000.]