Law library · Sierra Leone · THE BANK OF SIERRA LEONE ACT 2019
Section 30, THE BANK OF SIERRA LEONE ACT 2019
Status not yet checkedTHE BANK OF SIERRA LEONE ACT 2019, Sierra Leone
(1) Banknotes and coins issued by the Bank shall be legaltender in Sierra Leone at their face value for the payment of any
amount.
(2) Notwithstanding subsection (1), the Bank may on
giving not less than 3 months notice in the Gazette and in one
newspaper of general circulation in Sierra Leone, call in any of its
banknotes or coins, on payment of the face value of the banknotes or
coins with respect to which a notice has been given, shall, on the
date specified in the notice, cease to be legal tender.
(3) The Bank may, by notice published in the Gazette and
in one newspaper of general circulation in Sierra Leone, specify a
period during which banknotes or coins which have ceased to be
legal tender may, nevertheless be exchanged by the Bank.
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