Currency Act, 1964 🇬🇭

Ghana 12 Citing Cases

Republic of Ghana

The two hundred and forty-second

Act

of the parliament of the republic of ghana

entitled

Currency Act, 1964

Published by Government Gazette on 22 May 1964
Assented to on 22 May 1964
Commencement date unknown

AN ACT to amend and consolidate the law relating to coins and notes issued by the Bank of Ghana, to prohibit certain acts tending to depreciate the currency, to provide for the prohibition of the importation and exportation of specified coins and notes and for related matters.

Acts tending to Depreciate the Currency

1. Discounting of coins or notes

A person who

(a)buys or sells or offers or attempts to buy or sell, or

(b)induces or attempts to induce any other person to buy or sell, or

(c)offers or accepts or offers to accept in payment of a debt or otherwise,

a current coin or a note at or for a lower rate of value than its face value commits an offence.

2. Purchase of silver coin for amount exceeding face value

A person who

(a)buys or sells or offers or attempts to buy or sell, …

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