CHAPTER 55:02
CURRENCY (COMMEMORATIVE COINAGE)

ARRANGEMENT OF SECTIONS

    SECTION

    1.    Short title

    2.    Commemorative coinage

    3.    Coinage to be legal tender

        Schedule

Law 27, 1966.

An Act to provide for the making and issuing of gold and silver coins to commemorate the Independence of Botswana.

[Date of Commencement: 16th September, 1966]

1.    Short title

    This Act may be cited as the Currency (Commemorative Coinage) Act.

2.    Commemorative coinage

    (1) The Minister responsible for finance may cause gold and silver coins to be made and issued to commemorate the occasion of the attainment of Independence by Botswana.

    (2) The coins shall be of the denominations set out in the Schedule.

    (3) The coins shall be of a diameter, weight and fineness to be specified by the President by order published in the Gazette.

3.    Coinage to be legal tender

    (1) Notwithstanding anything contained in the Bank of Botswana Act the coins referred to in the Schedule shall be legal tender in Botswana as follows—

    (a)    gold coins, for the payment of any amount;

    (b)    silver coins, for the payment of any amount not exceeding P4 but for no greater amount.

    (2) The provisions of Part V of the Bank of Botswana Act (Cap. 55:01) shall have effect in relation to any coins made and issued in terms of this Act.

SCHEDULE

Gold Coins – 10 thebe

Silver Coins – 50 thebe


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