Singapore legislation
Clause 6
Clause 6
Amendment of section 13
Section 13 of the Currency Act is amended —
by inserting, immediately after the word “Board” in subsection (2)(a), the words “, if the notes have not been illegally dealt with,”;
by deleting subsection (3) and substituting the following subsection:“(3) For the purposes of this Act —
a coin shall be deemed to have been illegally dealt with where the coin has been impaired, diminished, or lightened otherwise than by fair wear and tear, or has been defaced by having any name, word, device or number stamped or engraved thereon, whether the coin has or has not been thereby diminished or lightened; and
a note shall be deemed to have been illegally dealt with where the note has been impaired, diminished or affected otherwise than by fair wear and tear, or has been defaced by writing or impressing on any note 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.”;
by deleting the words “the Deputy Chairman of the Board” in the third line of subsection (4) and substituting the words “an officer of the Board authorised for that purpose”; and
by deleting the words “neither the Deputy Chairman nor any” in the sixth line of subsection (4) and substituting the word “no”.