Exchange Control (Continuance and Amendment) Act, 1978

Amendment of section 15 of Principal Act.

4.Section 15 of the Principal Act is hereby amended by the substitution of the following subsection for subsection (2):

“(2) The importation from outside the scheduled territories, or from any particular place or places outside those territories, of—

(a) such notes issued by any bank in, or which are or have been legal tender in, any part of the scheduled territories, and

(b) such foreign currency,

as may be prescribed, is hereby prohibited except with the permission of the Minister.”.