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Postal Services Act, 1998 (Act No. 124 of 1998)

Chapter V : Money Transfer Services

49. Money orders and postal orders regarded as bank notes

 

1) Any money order, postal order or other document issued under section 47 must be regarded as being a bank note or an order for the payment of money and a valuable security within the meaning of any law relating to forgery or theft.

 

2) Any unissued postal order must be regarded as money of the postal company.