Section 24C: Issue of Notes
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.
24C. Issue of Notes
(1) Every Note 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 Note may be redeemed before the date of its maturity, on such
terms and conditions as may be agreed.
[S. 24C inserted by s. 5 of Act 6 of 2004 w.e.f. 15 May 2004.]