Central Bank Act, 1989.

Legal tender (coinage).

127.—The Act of 1969 is hereby amended by the substitution of the following section for section 8:

“8. (1) A tender of money if made in coins which are issued or deemed to be issued under any provision of the Decimal Currency Acts, 1969 to 1989, shall, in respect of each denomination tendered, be legal tender for the payment of an amount not exceeding twenty times their face value but for no greater amount.

(2) Subsection (1) of this section shall not apply to coins called in under section 12 of this Act from the relevant operative date for the purposes of subsection (2) of that section.”.