Law library · Sierra Leone · The Bank of Sierra Leone Act, 2000
Section 22, The Bank of Sierra Leone Act, 2000
Status not yet checkedThe Bank of Sierra Leone Act, 2000, Sierra Leone
(1) The Bank shall have the sole right of issuing notes and coins in Sierra Leone and neither the Government nor any other person shall issue currency notes, bank notes or coins or without the permission of the Bank, any promissory notes or bills or tokens payable to bearer on demand.
(2) Without prejudice to subsection (1), cheques or drafts, including bills of exchange payable to bearer on demand or otherwise may be drawn on a person's account with a licensed institution or an agent.
[Margin: Obligation in respect of currency.]
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