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Home/Legislation/Reserve Bank Act 1959/44

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Reserve Bank Act 1959

44Other persons not to issue notes

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#### 44 Other persons not to issue notes (1) A person shall not issue a bill or note for the payment of money payable to bearer on demand and intended for circulation. Penalty: 50 penalty units. > Note: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility. (2) A State shall not issue a bill or note for the payment of money payable to bearer on demand and intended for circulation.

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Section 44 - Reserve Bank Act 1959 - Other persons not to issue notes — Zoe