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South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

19. Powers of Minister in respect of coins

 

 

1) The Minister may from time to time by notice in the Gazette-
a) determine the dimensions of and design for any coin as well as the compilation of any series of coins; and
b) authorise the withdrawal from circulation of-
i) so many coins as he may deem to be in excess of requirements;
ii) coins of a specified date or of specified dates or of a specified denomination or of specified denominations.

 

2) A notice issued under subsection (1) shall come into operation on a date specified therein, and the provisions thereof shall have force of law as if they were enacted in this Act.

 


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