Section 18
of Currency and Monetary Order, 2004 ( Formerly Known as Currency Act )
Section 18
(1)
Currency notes issued by the Authority, if the notes have not been illegally dealt with, shall be legal tender up to their face value for the payment of any amount.
(2)
Coins issued by the Authority, if the coins have not been illegally dealt with, shall be legal tender up to their face value in Brunei Darussalam as follows –
(a)
in the case of coins of a denomination exceeding $1 - for the payment of any amount;
(b)
in the case of coins of a denomination of 50 cents and $1 - for the payment of any amount not exceeding $10; and
(c)
in the case of coins of a denomination lower than 50 cents - for the payment of any amount not exceeding $2.
Incorporating amendments until S 104/2010
(Cleancopy) NANI/Hj.Afif/Amiriah/Bb/zura_as of 06.05.2019
9
BLUV as at 16th December 2010
(3)
For the purposes of this Order –
(a)
a currency note shall be deemed to have been illegally dealt with where it has been impaired, diminished or affected otherwise than by fair wear and tear, or has been defaced by writing or impressing on it any mark, word, letter or figure or by perforation, cutting, splitting or in any other manner, whether the note has or has not been thereby impaired or diminished; and
(b)
a coin shall be deemed to have been illegally dealt with where it has been impaired, diminished, or lightened otherwise than by fair wear and tear, or has been defaced by having any mark stamped or engraved thereon, whether the coin has or has not been thereby diminished or lightened.
Lost and damaged currency.