Currency and Monetary Order, 2004 (Formerly Known as Currency Act) · s 29

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s 29

The net profits of the Board for each financial year shall be determined by the Board after meeting all expenditure for that year and making such provision as it considers necessary for bad and doubtful debts, depreciation in assets, replacement of currency notes and coins, contributions to employees and superannuation funds, and all other reasonable contingencies, and the balance of the net profits after any payment to the Reserve Fund in accordance with section 28 shall be paid into the Consolidated Fund.

Exemption from taxation and customs and stamp duties.