MAS 616

11 Nov 2002

NOTICE TO BANKS
BANKING ACT, CAP 19

(MAS 616 dated 1 Nov 1983 is cancelled.)

Sales of Coins or Medals

           This notice is issued pursuant to Section 54A of the Banking Act (Cap 19).

           Banks are not permitted to sell commemorative coins or medals.  However, the sale of genuine coins which are legal tender is permitted.