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Home/Legislation/Banking Act 1959/44

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Banking Act 1959

44Payment for gold

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#### 44 Payment for gold The amount to be paid for any gold delivered in pursuance of section 42 shall be an amount determined in accordance with such price as is fixed and published by the Reserve Bank or, at the option of the person delivering the gold, such amount as is determined in an action for compensation against the Reserve Bank.

Previous section43Vesting of gold delivered Next section45Limitation of sale and purchase of gold

Section 44 - Banking Act 1959 - Payment for gold — Zoe